We are supposed to watch all of this, ignore what we are seeing, be quiet, and then somehow be grateful for whatever scraps we are handed from the government.
Underpinning all of this is a complete abandonment of any true sense of capitalism.
Central banks have been pumping so much money into the system – money which reaches the banks and big corporations first of course – while national governments are pushing for policies that restrict and limit the economic growth most of us count on.
Interest rates have been suppressed, punishing savers, incentivizing massive budget deficits, and breaking the feedback loop that is meant to stop debt from getting out of control in the first place.
While small businesses and regular people lose everything all the time, big corporations are basically exempt from failure, having access to nearly unlimited central bank-backed lines of credit and implicit bailouts.
Amazingly, while this is all really due to government intervention in the economy, it has cratered support for capitalism, which ironically feeds into The Great Reset narrative.
The fact is, what we truly need is for governments and politicians to step back.
We need decentralization, not centralization.
We need to let individuals, families, and local communities make their own decisions, unencumbered by control-obsessed elites with god-complexes.
The Western world was built upon individual freedom and decentralized power, a respect for self-determination and individual choice. If we go down the road of The Great Reset and centralized control, if we surrender our decision making to unaccountable elites, we will lose the engine of creativity, prosperity, and freedom that we cherish. That would certainly be a ‘reset,’ but it would be anything but great.
Spencer Fernando is one of the most popular and prolific political voices in Canada. He is a Campaign Fellow for the National Citizens Coalition. For more from Spencer, visit his website, and follow him on Facebook and Twitter.
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