Join host Barry Shore in this insightful episode of "The Joy of Living" as he engages in a stimulating conversation with guest Peter Nolan. Together, they explore the latest economic policies, inflation concerns, the role of central planning versus market forces, the potential impact of a wealth tax, and the ongoing challenges faced by businesses in today's world.
In their discussion on economic policies, Barry reflects on his initial negative outlook on the economy, only to find that the U.S. economy has proven resilient against various challenges. Despite this resilience, they both acknowledge that the economy is not performing at its peak, with significant layoffs affecting numerous companies and the full impact of rising interest rates yet to be felt. They also touch upon the decline in real GNP or GDP growth and the possibility of a recession in the future.
Tune in to this thought-provoking episode of "The Joy of Living" to gain valuable insights into the economy, inflation, wealth taxation, and the business landscape, all while uncovering the true joys and challenges of living in today's world.