2024-12-08 Retirement Lifestyle Advocates Radio w/ Karl Denninger

Dennis Tubbergen hosts Karl Denninger on RLA Radio to discuss the implications of recent political and economic developments. They delve into the formation of a council of advisors by Trump, Vivek, and Elon, and the impact of the Supreme Court's decision on Chevron deference. Denninger highlights the potential for the president to challenge government actions lacking statutory authority. They also discuss the challenges of addressing the U.S. budget deficit, particularly focusing on Medicare and Medicaid. Denninger criticizes the current healthcare system and its inefficiencies and expresses skepticism about achieving a balanced budget or significant productivity growth. The conversation also touches on the potential appointment of RFK Jr. to the Department of Health and Human Services and the broader economic implications of deficit spending and inflation.

Mr. Karl Denninger is an American technology businessman, finance blogger, author, and political activist, sometimes referred to as a founding member of the Tea Party movement.  Mr. Denninger is the author of the book Leverage: How Cheap Money Will Destroy the World. In the book, Denninger presents an inside look at how moneyed and powerful interests debase the dollar through the willful and intentional failure to honestly represent short and long-term mathematical truths that underlie all economic systems.

For information about Karl Denninger, please visit www.Market-Ticker.org.