Summary: nbsp When reality sets in politicians panic because that's when politics-as-usual disintegrates in the face of an onrushing crisis During the endgame of inflationary policy revenues fall and governments respond by pushing tax rates to the firewall causing revenues to plummet even further a lesson governments like the state of California never seem to learn Tom Giovanetti from the Institute for Policy Innovation www ipi org explains why soak-the-rich schemes always fail while impoverishing the middle class at the same time Then we'll pursue the current monetary situation in Europe with David McAlvany from the McAlvany Weekly Commentary www mcalvany
