How Crazy Will Economic Conditions Be in 2023?

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by Rebel Capitalist
Saturday, Jan 14, 2023 - 20:33

Economic normalcy will not be coming back to the United States anytime soon. 

Multiple decades of stiff government regulation, heavy taxation, and non-stop easy money have created a perpetually unstable economic environment. 

The COVID-19 pandemic, specifically the government’s response to it, has only magnified this economic predicament. Constant fiscal deficits, chronically high unemployment, and mass inflation are the new norms in the American economy. 

And things are only going to get worse….

Many people often forget that the economic crisis the US is facing right now is not a catastrophe of the elements or a random occurrence. To paraphrase the great Ludwig von Mises, it’s the product of public policy.

As mentioned before, the government is too big and the monetary policy is too loose for any semblance of economic stability to be restored in the US.

To make matters worse, the US’s current political class is not serious about reversing any of the government’s misguided economic policies. The ruling class is still fanatically committed to the welfare state, high taxes, easy money, and never-ending wars. 

The US is a bloated empire that’s going through another predictable cycle of imperial decline. Unless the country goes back to its republican roots and begins limiting the size of the state, we could be on the verge of a Rome 2.0 scenario. 

Just like Rome didn’t build itself in one day, it didn’t implode in one day either. 

Could 2023 be the year the US starts experiencing an irreversible economic decline?

Tune in to George Gammon’s video to learn what kind of economic disasters are in store for the US in 2023 and beyond.

—Team Rebel Capitalist

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