Radio: How The United States Ruined Its Own Fiscal Health

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Economic Freedom as measured by the The Heritage Foundation has been dropping in the United States from its high of 81.2 in 2007 to its low of 72.1 in 2022. This was largely the result of one component of this score, fiscal health, which dropped to zero.

On Tuesday, March 8, 2022, David John Marotta appeared on Radio 1070 WINA’s Schilling Show with Rob Schilling to talk about “How The United States Ruined Its Own Fiscal Health.”

Here is an outline of the discussion:

[0:00] Drop in the 2022 United State’s Heritage Foundation’s Index of Economic Freedom score.

[3:12] What causes inflation?

[5:46] Given inflation, should we hold cash?

[6:44] Does the CPI index accurately report inflation?

[9:23] Should we put our money in gold?

[11:45] Washington Post supposed experts’ suggestions to fight inflation.

You can listen to the audio here:

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David John Marotta is the Founder and President of Marotta Wealth Management. He played for the State Department chess team at age 11, graduated from Stanford, taught Computer and Information Science, and still loves math and strategy games. In addition to his financial writing, David is a co-author of The Haunting of Bob Cratchit.