An Economics Lesson From The Pilgrims
Image Source: Pixabay
Did you know Thanksgiving almost didn't happen thanks to the Pilgrims' experiment with socialism? It didn't work. Fortunately, they figured out some economic truths and the rest is history. In this episode of the Friday Gold Wrap, I tell the Thanksgiving story you almost certainly didn't hear in school. I also explain why today is called Black Friday.
Topics Discussed
- Why is this "Black" Friday?
- Gold takes another run at $2,000
- The shrinkflation problem
- The CPI formula is messed up
- How socialism nearly killed the Pilgrims
Video Length: 00:28:17
More By This Author:
Managing A CrisisAmericans Increasingly Tapping Into Their Retirement Accounts To Make Ends Meet
Shrinkflation: Robbing Us Quietly In Back Alleys
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