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The seeds have long been sown: the dreadful policies of the Keynesian, statist political camarilla of recent years, which applies to the US as much as to the eurozone, will inevitably lead to a severe economic crisis. The first signs can already be seen in former strong growth regions such as Germany, where industry is collapsing in the wake of green interventionism and the madness of sanctions against Russia. The state has exhausted its resources, overstretched its radius of action, created special bureaucracies and built up parasitic structures that will have to be felt from the market in the coming crisis.
Mises Media is concerned with the question of what leeway the new President Donald Trump will have when this crisis strikes. As economists and historians, we know of course that the only way forward is to return to a free market economy, to self-sovereignty and to the separation of state and money. The end of central banks should be an issue at the end of this crisis at the end of the decade.