Jeff Deist: Immeasurable, Self Inflicted Economic Damage Done By Politicians Shutting Down Economy

Wall St. For Main St., Released on 5/30/20

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During this 30+ minute interview, Jason asks Jeff if it is even possible to measure the amount of economic damage done by governments deciding to shut down the economy?

Jeff says that the true number is immeasurable and that all of the economic damage is self inflicted.

Jason and Jeff discuss how capitalism will still be blamed for the coronavirus outbreak hurting the economy and how the US economy never really recovered from the 2008 financial crisis.

Jeff Deist is president of the Mises Institute, where he serves as a writer, public speaker, and advocate for property, markets, and civil society. He previously worked as a longtime advisor and chief of staff to Congressman Ron Paul, for whom he wrote hundreds of articles and speeches. Follow him on Twitter @jeffdeist.

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.