Commanding Heights - Part 3 - The New Rules of the Game

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Category:

News & Politics

Tags:

• globalization

[tektheater88]

wow this video is so bias toward the multinational corporations (like the video sponsor BP) wake up people research Austrian economics

[xosugarrrxo]

david lee's wife tore him a new one.

[amiac5000]

These 2 opposing views are neatly summarized in the following quotations.

Which one do you agree with?

[amiac5000]

The Keynesians’ approach is articulated quite nicely by former Treasury Secretary, Larry “canary in the coal mine” Summers:

“The central irony of financial crisis is that while it is caused by too much confidence, too much borrowing and lending and too much spending, it can only be resolved with more confidence, more borrowing and lending, and more spending”. Lawrence Summers

[amiac5000]

“There is  no means of avoiding the final collapse of a boom brought about by credit expansion. The alternativeis only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”

Ludwig von Mises

[amiac5000]

It take decades to build up malinvestment on fiat money, that is what collapses, globalize on sound money, and we can eliminate poverty.

[oconnell471]

My name is Milton Friedman, and I do NOT support this message. 

[oconnell471]

Wow.. The guy who quoted about Russia had it right, "same guys same methods just changing jackets" We havent learned anything.

[outcold252]

thank you, incredible video.