Ep. 135 Money, Sound and Unsound

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.8 • 3.3K Ratings

🗓️ 9 April 2014

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Joseph Salerno, academic vice president of the Mises Institute and author of Money, Sound and Unsound, talks about the Fed, the Great Depression, currency wars, deflation, and why governments hate cash.

Transcript

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0:00.0	I've abandoned free market principles to save the free market system.
0:09.9	In a world of conventional confusion, there will be time for them to make profits.
0:14.9	Now's not that time.
0:16.4	Daddy, what do taxes pay for?
0:18.2	Oh, why everything?
0:19.7	Policemen, trees, sunshine.
0:21.9	Let's not forget the folks who just don't feel like working, God bless them.
0:25.9	Don't be afraid.
0:26.7	I'll be afraid.
0:28.3	Prepare to unshackle your mind.
0:31.2	An idea whose time has come cannot be stopped by any army or any government.
0:36.9	Your professor has arrived.
0:41.0	Tom Woods.
0:42.5	No, his mind is not for rent to any government.
0:47.1	Beware, citizen, you are now departing from the world of allowable opinion.
0:51.9	The Tom Woods Show. Welcome, everybody. It's Wednesday, April 9th,
0:59.0	2014. We are talking monetary chaos today with Joe Salerno, academic vice president at the Ludwig
1:07.4	von Mezes Institute. Mezes.org is the website, MISES.org. Joe's a professor at the Ludwig von Mezes Institute. Mezes.org is the website, M-I-S-E-S-D-org.
1:12.9	Joe's a professor at the Business School at Pace University.
1:16.7	He's the editor of the quarterly Journal of Austrian Economics,
1:20.0	author of the book Money, Sound and Unsound,
1:23.4	and starting on April 15th,
	...

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