Money and Banks

Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-18-2005

Inflation is a giant rip off, a stealth tax stealing purchasing power. Money is not neutral. The first receivers of new money benefit. Savers and those on fixed incomes struggle. From 1857 until the war was a period of “free banking” where the fed had nothing to do with the banks and the states had little control over them. High economic growth and prosperity prevailed.

Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-18-2005

Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-18-2005

Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-18-2005

Part of the Brown Bag Seminar series. Recorded at the Mises Institute in Auburn, Alabama, on 10 February 2005.

Presented as part of the Mises Institute’s Brown Bag Seminar series on February 3, 2005 in Auburn, Alabama.

The recent report on personal income and spending showed a full 3.7% increase i

The dollar may not die anytime soon but its capacity for lording it over all living things is ending.

The dollar has hit a new low in recent months on the international currency exchange. The blame is falling from most sectors of public opinion on our legislature, writes Katy Harwood Delay, with its debt spending at an all-time high.