individual liberty

The brilliant economist Dr. Steve Hanke, professor of applied economics and founder and co-director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at the Johns Hopkins University in Baltimore, joins America's Roundtable co-hosts Natasha Srdoc and Joel Anand Samy in a timely conversation on the U.S. Labor Department's report on the rising inflation rate - now at 6.8%, the highest in nearly four decades, the talks about increasing interest rate and how it will impact hard working and decent Americans, families and small and medium private enterprises. The conversation will also focus on Dr. Hanke's recent piece in The National Review (https://www.nationalreview.com/2021/12/remembrances-of-senator-robert-dole-and-a-russia-story/#slide-1) on the passing away of one of America's greatest heroes and public servants, former Senator Bob Dole: Remembrances of Senator Robert Dole — and a Russia Story (https://www.nationalreview.com/2021/12/remembrances-of-senator-robert-dole-and-a-russia-story/#slide-1). We also delve into the serious implications of the Covid-19 lockdowns impacting America and countries around the world, with the exception of places like Sweden which upheld its constitution, respected individual liberty, and chose a laissez-faire approach. Dr. Steve H. Hanke is a leading world expert on currency boards, measuring and stopping hyperinflation, privatization, currency and commodity trading, water resource economics, and other topics. As a senior fellow and director of the Troubled Currencies Project at the internationally recognized Cato Institute in Washington, D.C., Hanke studies countries unable to maintain a stable domestic currency. Often, it is difficult to obtain timely, reliable exchange-rate and inflation data for these “troubled currencies.” Full bio: https://engineering.jhu.edu/ehe/faculty/steve-h-hanke/ Relevant reading materials: The Wall Street Journal | The Monetary Bathtub Is Overflowing (https://www.wsj.com/articles/monetary-bathtub-overflowing-inflation-drain-transitory-11634847429) Many economists say inflation is transitory. It will be persistent. By John Greenwood and Steve H. Hanke “Inflation is always and everywhere a monetary phenomenon,” Milton Friedman said. Inflation isn’t caused by temporary supply-chain disruptions. Take Japan during the 1979-80 oil crisis: Oil prices surged, but consumer prices remained stable. In China today, raw-material prices are soaring, but consumer prices have hardly budged. To explain what is happening in the U.S. economy, we present the bathtub theory of money and inflation. Money flows into the tub through the faucet. The bathtub has three drains." Full text: https://www.wsj.com/articles/monetary-bathtub-overflowing-inflation-drain-transitory-11634847429 The Wall Street Journal | Freedom and Sweden’s Constitution (https://www.wsj.com/articles/freedom-and-swedens-constitution-11589993183) The country’s laissez-faire response to the coronavirus pandemic has deep roots in both culture and law. By Lars Jonung and Steve H. Hanke "In most countries, the tool of choice to “flatten the curve” of the coronavirus pandemic is the lockdown. Not in Sweden, which has chosen a rather laissez-faire approach. The borders have been kept open, and Swedes are free to travel within the country, visit bars and restaurants (with some restrictions), parks, hairdressers, gyms and most other places. The cornerstone of the Swedish response is its constitution’s most important part, the Regeringsform. Chapter 2, Article 8 states: “Everyone shall be protected in their relations with the public institutions against deprivations of personal liberty. All Swedish citizens shall also in other respects be guaranteed freedom of movement within the Realm and freedom to depart the Realm.” Full text: https://www.wsj.com/articles/freedom-and-swedens-constitution-11589993183 The Financial Times | On a long enough timeline is all inflation transitory? (https://www.ft.com/content/88111d60-52de-4341-9351-c48db837f30f) "Inflationistas like Steve Hanke were indignant that US inflation was not a transitory supply chain problem. “Shifts in consumer spending have resulted in broad-based price increases across expenditure categories” because “the incompetent Fed has produced a massive amount of excess money,” he proclaimed." Full text: https://www.ft.com/content/88111d60-52de-4341-9351-c48db837f30f https://ileaderssummit.org/services/americas-roundtable-radio/ https://ileaderssummit.org/ | https://jerusalemleaderssummit.com/ America's Roundtable on Apple Podcasts: https://podcasts.apple.com/us/podcast/americas-roundtable/id1518878472 Twitter: @steve_hanke @ileaderssummit @NatashaSrdoc @JoelAnandUSA America's Roundtable is co-hosted by Natasha Srdoc and Joel Anand Samy, co-founders of International Leaders Summit and the Jerusalem Leaders Summit. America’s Roundtable from Washington D.C. informs, educates, empowers and challenges the listening audience about the importance to restore, strengthen, and protect our freedoms, the rule of law, and free markets. America’s Roundtable advances the ideas of freedom, the significance of freedom of speech, limited government, and the application of free market principles to solve problems. America’s Roundtable presents in-depth analysis of current events and public policy issues while applying America’s founding principles. America’s Roundtable radio program - a strategic initiative of International Leaders Summit, focuses on America’s economy, healthcare reform, rule of law, security and trade, and its strategic partnership with rule of law nations around the world. The radio program features high-ranking US administration officials, cabinet members, members of Congress, state government officials, distinguished diplomats, business and media leaders and influential thinkers from around the world. America’s Roundtable is aired by Lanser Broadcasting Corporation on 96.5 FM and 98.9 FM, covering Michigan’s major market and the upper Midwest, SuperTalk Mississippi Media’s 12 radio stations and 50 affiliates reaching every county in Mississippi and also heard in parts of the neighboring states, including Alabama, Arkansas, Louisiana and Tennessee, and through podcast on Apple Podcasts and other key online platforms.

Welcome back my friends for Episode 26 of the Derate the Hate podcast. I am Wilk from WilksWorld.com and I am so grateful that you have taken the time to join us for this episode!
It almost goes without saying, but as anyone who's turned on a television, radio or spent any time on social media knows, we are just a couple weeks away from one of the most contentious elections any of us have witnessed in our lifetimes. As most of our regular listeners know, I do my best to keep political issues out of this podcast, and this episode is no exception. What I am referring to is the chaos and degradation of our society that is resulting from tribalism based on peoples' political beliefs, driven by politicians and the media.
What have you done today to make your life a better life? What have  you done today to make the world a better place? These two questions do a lot to drive our mission statement at the Derate the Hate podcast, Bettering the world, on attitude at a time. There are many obstacles that stand in the way for each of us as individuals. Being able to recognize those obstacles helps us to overcome them. Once you gain the understanding that many politicians, and those in the media have a vested interest in keeping us divided, mad &/or scared, things start to become much more clear when it comes to the world in which we live. We, as individuals, must not allow those in politics and the media to drive our emotions, to put a wedge between us, and to keep us cowering and waiting for the next bit of chaos or crisis.  We must not allow the division and degradation of our society. Do not allow those who have a vested interest in division make the boundaries by which you live your life.  #DerateTheHate
Have you heard about a young many by the name of Jahkil Jackson and his Project I Am? This youngster has got something very special going on and our regular listeners know, I love a story where ordinary people are doing extraordinary things! I would have to say this young man far surpasses that criteria. At age 8, young Jahkil started Project I Am where he puts together "Blessing Bags" for the homeless and those who have fallen on hard times. You have to check out the podcast to hear more about this youngster and his charity. What a true hero and inspiration this now 12 year old young man is to so

What have you done today to make your life a better life? What have you done today to make the world a better place? The world is a better place if we are better people. That begins with each of us as individuals. Be kind to one another. Be grateful for everything you’ve got. Make each and every day the day that you want it to be!

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