International Man: The hysteria surrounding COVID-19 and the government lockdown has completely changed in-person interactions.

How do you think this will impact the way that Americans cast their vote in the presidential election?

Doug Casey: It’s a very bad thing from Trump’s point of view. For one thing, it’s severely limiting the number and size of his rallies, which he relies on to keep enthusiasm up.

More people are staying at home and watching television than ever before. And unless they glue their dial to Fox, they’ll gravitate towards the mainstream media, which is stridently anti-Trump. People who are on the fence hear authoritative-sounding talking heads on television, and it naturally influences them away from Trump.

Furthermore, this virus hysteria is discouraging people from going out—especially older people who are roughly 80% of the casualties of this virus. They’re less likely to go to vote. But older people are most likely to be Trumpers because they’re culturally conservative. I’m assuming that the COVID hysteria will still be with us in November.

Keeping his voters at home is one thing. But the effects that the hysteria is having on the economy are even more important. Presidents always take credit when the economy is good and are berated when it’s bad on their watch, regardless of whether they had anything to do with it. If the economy is still bad in November—and I’ll wager it’s going to be much worse—people will reflexively vote against Trump.

With free money being passed out—the $600 per week in supplementary unemployment—between the state and federal payments, something like 30 million people are making more now than they were before the virus. In February, before the lockdown, there were about 3.2 million people collecting unemployment. Now, there are about 35 million. So, it seems we have over 30 million working-age people who are . . . displaced. That doesn’t count part-time workers, who aren’t eligible for unemployment but are no longer working.

When the supplementary benefits end, so will the artificial good times.

Worse, the public has come to the conclusion that a guaranteed annual income works. This virus hysteria has provided a kind of test for both universal basic income and modern monetary theory—helicopter money. So far, anyway, it seems you really can get something for nothing.

Even Trump supports helicopter money because he knows it’s all over if today’s financial house of cards collapses.

Most people will still be out of work when the free money ends. The recognition that the country is in a depression will sink in. They’ll look for somebody to blame. When things get seriously bad, people want to change the system itself.

There’s now a lot of antagonism toward both free minds and free markets. Polls indicate that a majority of Americans actually support BLM, an openly Marxist movement. Forget about free minds—someone might be offended, and you’ll be pilloried by the mob. Forget about free markets—they’re blamed for all the economic problems, even though it’s the lack of them that caused the problem. The idea of capitalism is now considered undefendable.

Widespread dissatisfaction with the system is obviously bad for the Republicans and good for the Democrats, who promote themselves as the party of change.

The bottom line is that this whole episode with COVID is uniformly bad for whatever Trump or the Republicans represent. It’s bad for the old status quo.

International Man: If people are afraid to go out, will it impact voter turnout?

Doug Casey: Absolutely. As I just said, especially among older people who tend to be conservative Republican voters.

But let’s be candid. This election is going to hinge on who cheats the best. And the Democrats have, over the years, developed far greater expertise in cheating than the Republicans. Saul Alinsky’s “Rules for Radicals” wasn’t written for the kind of people who vote Republican.

For one thing, there’s going to be more emphasis on mail-in votes, which make it easier to cheat. You can register dead people as voters. You can register your dog as a voter. If the fraud is ever even discovered, it won’t be until long after the election.

That’s only part of it, though. A high percentage of voting machines are computerized. Fraud by hacking voting machines is apparently easy to do—and it’s pretty untraceable. It’s just a matter of planning and boldness.

One of the consequences of this widely acknowledged dysfunction is to delegitimize the whole idea of voting. As you know, I don’t believe in mass democracy, because it inevitably degrades into a system where the poorer citizens vote themselves benefits at the expense of the middle class. Basically, mob rule dressed in a coat and tie. But if the populace loses faith in “democracy” during a serious economic crisis—like this one—they’re going to look for a strong man to straighten things out. The US will look more and more like Argentina.