Why You've Never Heard of the Great Depression of 1920

He is satisfying his audience and doesn't give much of important information.
He's just advocating his own point of view, in a poor way.
We need sharper reality-oriented "thinkers".

Obama is not a socialist. Obama serves his masters on Wall Street. hence the campaign contributions, the bailouts and the bailout health insurance, forcing people to buy private deregulated health insurance.

For every dollar Obama gives to the poor he gives about 40 dollars to the super rich!! The only distribution of wealth is to the top!

Correction: $3 billion in gold (still $20 per oz to the public and foreigners) but about $71 billion in total dollar claims.

Gold did flow to the US after the Fed stopped inflating. The Fed also inflated the monetary base another $200 million. But there was$75 billion in total money, but only $50 billion in actual deposits. The gold and fiat reflation couldn't make up for the $25 billion unaccounted for in the system. Foreign and domestic dollar holders alert of the dollar's irredeemability, making further reflation impossible. Fractional reserve banking's instability and fraud had been revealed by the market.

The Fed increased the FIAT money supply by 60% during the 20's to stem England's gold outflow. Great Britain tried to revalue the pound at its pre-war level. The pound fell and fears grew that the dollar was also losing its redeemability. So Hoover and the Fed stopped inflating in 1929. The bust then ensued. The Fed tried to reflate but was trapped by foreign redeemers and domestic bank runs (i.e., logical dollar holders).

Why the hell is this guy not the substitute host on "Glenn Beck"???

Because Glenn Beck is a retard.

Which doesn't explain why Beck has had him on as a commentator.

Beck needs all the help he can get. Having the likes of Woods and Schiff on his crap show adds some credibility I guess.

Very very very good lecture.