The tendency to worship "experts" and where it leads the common man

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Submitted by frlarry on Sat, 03/05/2022 - 16:12

It may have already dawned on you that Tony Fauci is (or at least, was) worshipped by millions of American TV viewers. He sounded so reasonable and so authoritative, who could be blamed for falling under his spell?

He's not the only member of this "human pantheon", yet his pronouncements have been more public.

Ever heard of J. (Jerome) Powell? He's the 16th chairman of the US Federal Reserve. He was nominated to the Board of Governors in 2012 by President Barack Obama and confirmed by the Senate, and subsequently nominated as Chairman of the Federal Reserve by President Donald Trump in 2018 to succeed Janet Yellen. Perhaps you are stifling a yawn (or not stifling a yawn) right now. These names are not as public as Tony Fauci, yet their god-like powers have a huge impact on the money supply, the increasing tendency of the big banks to invest in increasingly risky assets, and the fragility of the financial system.

Check out "Book Review: Christopher Leonard’s ‘The Lords Of Easy Money’" posted by John Tamny at Forbes.com. Leonard was recently interviewed by Tucker Carlson on Fox Nation's "Tucker Carlson Today". It's a real eye opener.

What should you do about all of this? If I were a god (or had delusions of deity) I might offer some advice. The only thing I can think of is pray to God if you're looking for advice.

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