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February 22, 2025 43 mins
Dennis Tubbergen hosts Karl Denninger on RLA Radio to discuss government inefficiency and fraud, particularly within the Department of Government Efficiency (DOGE). Denninger highlights long-standing issues with social security number fraud, improper payments, and systemic malfeasance in government spending. He emphasizes the significant impact of these fraudulent activities on inflation and the economy, suggesting that a substantial portion of inflation is driven by deficit spending and fraudulent payments. Denninger also critiques the resistance to auditing government spending and the broader implications for the U.S. economy, including job losses and the need for systemic reform. He predicts unavoidable recessionary pressures and stresses the importance of addressing these issues promptly to stabilize the economy. 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. For more information about Retirement Lifestyle Advocates, please visit www.RetirementLifestyleAdvocates.com.
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