Gold and the Good Guys | Thomas E. Woods, Jr.
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Uploaded by misesmedia on Nov 10, 2008
Recorded at the Mises Institute Supporters Summit, The Gold Standard Revisited, 31 October 2008; Auburn, Alabama. Includes a welcome and introduction by Mark Thornton. Thomas E. Woods, Jr., is senior fellow in history at the Mises Institute and author of the 'New York Times' bestseller "The Politically Incorrect Guide to American History" (Regnery).
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@capitalist4life There are recordings of him on youtube.
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"It's amazing to me, when the chips are down, how few people stand up for capitalism."
9 months ago 4
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@pratiktalole Interest rates help determine how much long-term production will take place and how much short--term production. Longer-term projects, because they are more interest-rate sensitive, are disproportionately stimulated by low interest rates.
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@jimbo525SE gold will reach $5000 within a few years.
1 year ago 3
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@capitalist4life Solid advice.
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Can we dig up Rothbard and clone him? He seems like the coolest guy ever. I never got to hear him speak because he died a couple of months after I was born.
1 year ago 3
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@jimbo525SE Get some silver, platinum, or palladium if you think gold is in a bubble. They've run up too, but they are even farther from the bubble stage.
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I'm going to comment before I finish the video which might be a mistake. I believe that the dollar and possibly other currencies will fall rapidly in value which would make gold a solid choice for an investment. However I think that Americans have overreacted and that the current gold market is just another bubble.
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what does he mean by 'coordinate production across time' as a function of interest rate
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I patiently awaited for the phrase. Only the concept came.
You nailed it!
Bumper Sticker politicking anyone?
Put me down for 100 stickers. One for my personal use and 99 for ... ummm... donations and resale
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Austrian Economics!
djsherin 3 years ago 49
great lecture for those of us who only found out about austrian theory during ron paul's run. THANKS
greywolf4744 3 years ago 33