If you visit the GlennBeck.com website, there is a good chance that you will get met with an advertisement from Goldline–one of the site’s premium sponsors. I was thinking about this after I listened to an old Tim Ferriss podcast in which Glenn Beck discussed his evolution as a media personality and the media’s rebranding of him when he transitioned from CNN to Fox News and became a vocal critic of President Obama’s administration.
The part that catches my attention is the recurring pattern of men making a whole lot of good old-fashioned cash by developing a marketing machine that hypes some deficiency in the capitalist system. In the case of Glenn Beck, he has correctly pointed out that the Federal Reserve has distorted the traditional supply-and-demand aspects of the laissez faire capitalist system by increasing the money supply and affecting the cost and velocity of money that flows through the major U.S. banks. Recognition of this distortion does not support the conclusion that a survivalist lifestyle is the correct response.