Doug Casey on The Biggest Threats to Your Personal and Financial Freedom Today

Doug Casey on The Biggest Threats to Your Personal and Financial Freedom Today by Doug Casey for International Man

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International Man: The world has become increasingly unfree. Recently, the global pandemic has justified all kinds of draconian measures by governments.

How do you see this trend evolving?

Doug Casey: It’s clearly a worldwide trend. The only exceptions are obscure places like North Macedonia, Belarus, and Nicaragua—and they have plenty of other, much more serious problems—and of course, Sweden, which is almost unique among advanced countries in not falling victim to the mass hysteria. Life there has gone on more-or-less normally since March as a result.

It’s not just the national governments, which are bad enough. States, provinces, cities, and counties have taken advantage of the hysteria to “do something” and lock down. For example, New York Mayor Bill de Blasio is putting armed guards around main entrances to New York to keep people out.

Numerous cities around the world, like Melbourne, Australia, have actually turned themselves into police states. This virus scare has gotten quite out of control. The average person thinks we’re living in a Steven King novel.

If it were just a matter of politics, people would be more apt to resist because people recognize the arbitrariness of political opinions. Interestingly, the hysteria also breaks along political lines. Conservatives tend to view it as overblown or even a scam. Liberals tend to see it as a crime if you aren’t masked up and locked down. The virus is a psychological litmus test.

Power mongers are using biology and medicine as excuses to take charge in the name of science. They’re saying that you don’t have a choice because you are affecting the health of others, not just yourself. Minor bureaucrats like Fauci and 2nd-string politicians like de Blasio have jumped on it, fanning the flames of a panic. It’s made them into “big men.”

Like the global warming scare, the COVID hysteria is corrupting the idea of science and the credibility of scientific methodology in the eyes of the average man. And incidentally, the overlap between those who want the State to “do something” about global warming, and “do something” about the virus is extremely high.

It’s actually quite insane. COVID as a disease is only serious if you’re elderly or obese or have other serious conditions, which is why the average age of a COVID victim is about 80.

In fact, the deaths from COVID are probably not going to be much greater than they are from a bad annual flu, especially accounting for the fact that many deaths from things like motor accidents are often counted as COVID if the victim also had COVID. Like most things that become politicized, it’s hard to believe anything. The statistics are completely unreliable. What we’re dealing with is mass hysteria, similar to what happened in Salem in the late 17th century.

The matter should be just between you and your doctor. This is how the vastly more serious flu epidemics of the late 1960s and the late 1950s were dealt with. In the big scheme of things, they were non-events, as COVID should be.

This time is different. Your doctor doesn’t count. It’s the doctor with political connections, that counts.

How do I see this trend evolving?

Toward more centralized power, of course. The trend has been in motion for over 100 years, starting with World War I. It’s been in motion for a long time, and it’s accelerating at this point. Trends in motion tend to stay in motion until they reach a crisis point.

The powers that be have discovered that a medical emergency is almost as effective as an actual war to get people used to doing as they’re told. It’s quite amazing how anxious the average American is to act like a whipped dog, roll over on his back, and wet himself. Those who don’t wear their masks—which serve little or no medical purpose; they’re basically virtue-signaling devices—are bullied and shamed. It’s gotten quite out of hand. The woke SJWs are in charge.

International Man: Let’s talk about one of the biggest threats to financial freedom—the Federal Reserve and every other central bank.

The currency printed by these institutions isn’t real money. That is to say, it wasn’t a result of a market process of people voluntarily coming to the conclusion to use a specific good as money. Government decrees, laws, and regulations made central bank currency money.

How can individuals protect themselves from this enormous swindle?

Doug Casey: It’s not just the US government. Every central bank in the world is printing up currency units not just by the billions, but by the trillions.

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Doug Casey

For over a quarter of a century, legendary investor and best-selling author Doug Casey and his team at Casey Research have been helping self-directed investors to earn superior returns through innovative investment research designed to take advantage of market dislocations..