3.05. Money Income and Money Expenditures
From Man, Economy, and State, narrated by Jeff Riggenbach.
From Man, Economy, and State, narrated by Jeff Riggenbach.
From Man, Economy, and State, narrated by Jeff Riggenbach.
No one will suspect John Adams of demagogy, but he was quick to denounce any issue of private bank notes as a fraud upon the public.
From An Austrian Perspective on the History of Economic Thought, Volume II. Narrated by Jeff Riggenbach.
Subversive media outlets have become serious problems for the ruling elite. In just a few short years, the Fed has transformed in public opinion from a mysterious, wise, and boring institution into a fascinating engine of corruption and comedy.
Fannie and Freddie, far from being the sole miscreants of the crisis, operate on the same parlous economic principles that the Fed functions on and facilitates. Ridding the market of the crippling appetites of Fannie and Freddie, even if a step in the right direction, is hardly a panacea for the current economic plights.