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Economic Cycles Before the Fed | Thomas E Woods, Jr.

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Uploaded by on Aug 26, 2011

Archived from the live Mises.tv broadcast, this lecture by Tom Woods was presented at the 2011 Mises University in Auburn, Alabama. Includes an introduction by Mark Thornton.

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  • 11:44 Best Rothbard impersonation ever!

  • @dankfr33music The problem with govt. funding is that universities set the tuition high enough to capture all of the subsidies. If tuition prices remained at current levels, there would be no butts in the seats. What would happen? The same think that happens when retailers can't move product; college prices would have to drop. Unis would then have to cut back on administrative costs and other things that have nothing to do with educating the student.

    It's a racket.

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All Comments (106)

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  • @cdoftx actually I would say the government has no role in banking. could you not detect the ultra sarcasm in my comment? Krugman, Away?

  • @jerryvalez No one says the government has no role in the banking system. Their job isn't to prop up losing companies and print unbounded amounts of money though.

  • This guy doesn't know what he is talking about. We need government to run the banking system. It's a scientific fact. Krugman, Away!!!!!!! (cue superman theme)

  • Excellent lecture! Bravo! This is exactly what Americans need to hear about their money, banking, and history.

  • @SovereignStatesman What's the link to your video?

  • I agree with your statement, but we were never a democracy. We were a republic...big difference.

  • @themadcookieman

    He can realize it all he wants-- he doesn't PROVE it.

    I do.

  • @benekastah

    He is not a legal expert, and has furnished NO legal proof of state sovereignty.

    I do, in my video.

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