The Money Printers Fueling Socialism’s Rise

Brownstone Institute · Jul 21, 2026

The Money Printers Fueling Socialism’s Rise by David Stockman at Brownstone Institute Here’s a graph the Keynesians, statists, and Wall Street gamblers—yes, we repeat ourselves—would prefer not to explain. At the same time, it also explains why socialism at this late date in history—and after all its abysmal failures the world over—is having some kind of dubious second coming in America. During the last three decades the national savings rate (red line) has essentially collapsed, having fallen from 6.3% of GDP in 1997 to 0.5% of GDP in 2025. Between the same two dates, however, the net worth…