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Overstock.com CEO "Abolish the Federal Reserve"

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Uploaded by on Jan 12, 2009

Fox Business interviews Patrick M. Byrne, the CEO and founder of Overstock.com. Byrne argues the Austrian economics theory and states that The Federal Reserve System is the problem and needs to be abolished.

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Top Comments

  • "your wrong on the gold"...???!! WTF?

    If we had a gold standard, none of this would have happened.

  • Typical of the Controlled Media to scoff at anyone talking about the TRUTH about the "fed" and the reality of our failed economic system.

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All Comments (8)

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  • "your wrong on gold"... No he's right on gold. You are the one who is wrong.

  • I like this guy

  • any sector of the economy that experienced growth because of credit expansion via the Fed is going to contract. This is precisely what Mises said, that you cannot avoid the final collapse of a boom brought about by credit expansion.

  • Go, Patrick!

    End the Fed!

    I like this guy. And I like his business model. Flat-rate shipping.

  • glad to see someone reference Mises and Friedman.

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