Lew Rockwell by Scott Horton (6/6) on Antiwar Radio

Scott Horton Interviews Lew Rockwell
September 25th, 2008

Lew Rockwell, president of the Ludwig von Mises Institute, discusses Thomas Jeffersons theory of inflationary money and the business cycle, the history of fiat money in America and around the world from Marco Polos adventures through Massachusetts Bay Colony, the Revolutionary War, 1812-14, Andrew Jacksons battle with Biddle, Lincolns greenbacks, the Gilded Age, progressive era tyranny of Woodrow Wilson, passage of the Federal Reserve Act, the World Wars, Great Depression, Cold War, Terror War, the multi-trillion dollar bailout, end of the empire, and the heroic Ron Paul.

Category:

News & Politics

Tags:

• Lew
• Rockwell
• Scott
• Horton
• Antiwar
• Radio
• Financial
• Crisis

[catobear1704]

Mor: You're right. But monetary policy and the "biggest racket ever" are connected. The banks issue fiat money and wall-street accepts this money b/c that's how the rules are setup. Central banks and wall-street together equal trouble.

[moreaudan]

monetary policy is not the only reason the stock market is headed for a fall. There's also the jumble of scams and swindles which have been legalized under the rubric of "deregulation". New rules allow Wall Street to take personal liabilities and corporate debt and repackage them as precious gemstones for public auction. It's the biggest racket ever.