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First in Line for New Money | Douglas E. French

by misesmedia • 2,196 views

Presented by Doug French at "Contemporary Issues in Economics," a high school seminar hosted at the Mises Institute and sponsored by Jeremy S. Davis, 18 November 2011.

Great lecture, but I did cringe when you said "ATM machine". It's a small thing, but it could lessen your credibility with some people. ATM = automated teller machine. Just say 'ATM'. But I love ya, Doug!
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Since Doug was talking with high school students he should have brought up Gold Rush Alaska, but maybe Doug doesn't know what that show is.
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anyone know where I could find a lecture on "magical" formula of growing an economy. I recall listening to a lecture on youtube where the the speaker had a diagram with the stages on a black board savings -> capital formation -> productivity -> salary -> standard of living
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When giving lectures you want the audience to participate as much as possible and kids can relate with tv shows.
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@KillCount666 lol, thanks for the chuckle, Doug is a bit of a mushmouth, but I enjoy him.
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This is one of the best talks I've heard on inflation and its effects. Cantillon effects. Richard Cantillon, born in Kerry, southern Ireland, may have been a ruthless speculator, but gave great contributions to economic theory, before even Adam Smith. Thanks for the info Doug and all at the Mises Institute.
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Doug is kind of snarky in this one.
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I think I read about Weemer, Germany once.
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@ourpangea Yeah the media paints them all as marxists yet many of them are libertarian Ron Paul supporters. It disappoints me when people like Peter Schiff and Doug here believe media spin. You would think that theyd be better!
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@DAV93 bullion for purchase is rarer, not the actual metal.....
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