We are living in the early stages of failed central planning. Bear markets unfold when social mood turns decidedly negative. Past episodes of currency destruction have been sponsored by academic elite. Thanks for listening to this week’s McAlvany Commentary. The objective of McAlvany Weekly Commentary is to provide investors with valuable monetary, economic, geopolitical and financial information that cannot be found on Wall Street. As a listener, each week you’ll enjoy relevant discussions from David and a revolving cast of internationally-renowned economists, authors, and financial advisors.