Some people — known popularly these days as Greenbackers — oppose the Federal Reserve for all the wrong reasons: it doesn’t inflate enough (!), the bankers will wind up with all the money thanks to compound interest, there isn’t enough money created to pay all the principal and interest of all the loans in the economy, etc. They want the Fed to be abolished so the U.S. government can issue the money directly. Not exactly a fundamental disagreement with the Fed! I take them on in this episode.
Subscribe to the Tom Woods Show:
Tom Woods’ Paper
2) Free publicity for your blog. As a special thanks if you get your hosting through one of my affiliate links (this one for Bluehost, or this one for WP Engine), I’ll boost your blog. Click here for details.
3) Free History Course: The U.S. Presidents — Politically Incorrect Edition. Get access to this 22-lesson course: 22 videos, 22 mp3 files for listening on the go, and a bibliography of reliable books on the presidents. Get it at FreeHistoryCourse.com!.
4) $160 in Free Bonuses. Free signed copy of my New York Times bestseller The Politically Incorrect Guide to American History, plus a free 10-lesson bonus course on the foundations of liberty, plus a free year’s subscription to LibertyClassroom.com, when you subscribe to the Ron Paul Curriculum site through RonPaulHomeschool.com.
5) Free Books. Boost your intellectual ammunition with my free libertarian eBooks, including 14 Hard Questions for Libertarians — Answered, Bernie Sanders Is Wrong, and Education Without the State. Find them at TomsFreeBooks.com.
Click here for reuse options!
Why the Greenbackers Are All Wrong About the Fed
Copyright 2017 2ViewNews