Ep. 1446 The Gory Details of Before and After 2008, and Why Ours Is the Only Explanation
The Tom Woods Show
Tom Woods
4.8 • 3.3K Ratings
🗓️ 12 July 2019
⏱️ 51 minutes
🧾️ Download transcript
Summary
I get into detail about the lead-up to the crisis of 2008, the problems the federal government and the Federal Reserve caused, and why explanations other than the free-market one fail. This episode is drawn from my appearance on the Cash Flow Connections podcast.
Sponsor: Blinkist
Show notes for Ep. 1446
Transcript
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| 0:00.0 | The Tom Woods Show, episode 1446. |
| 0:03.4 | Prepare to set fire to the index card of allowable opinion. |
| 0:08.1 | Your daily dose of liberty education starts here, the Tom Woods Show. |
| 0:14.6 | Folks, as you know, Alexandria Ocasio-Cortez has been spreading some pretty terrible ideas, |
| 0:19.2 | and she's wrong on just about everything. |
| 0:21.2 | Well, I've put together the definitive smash of all of it. |
| 0:24.1 | The Green New Deal, affordable housing, so-called, free college, high tax rates. |
| 0:29.1 | It's in another free e-book, yes, a free e-book called AOC is Wrong, the upside-down world of Alexandria Ocasio-Cortez. |
| 0:36.4 | Grab your free copy at AOCiswrong.com. |
| 0:40.5 | Hey, everybody, Tom Woods here. I'm speaking to you from the Contra Cruise, which is still going on as I record this, obviously. |
| 0:47.9 | And I am letting you know that today's episode is actually my appearance on a podcast called Cashflow Connections. |
| 0:56.3 | And we're going to be talking about some important recent economic history that we have to make sure and get right. |
| 1:02.5 | And we're going to be going into a lot of detail about it. |
| 1:04.8 | So I hope you enjoy it. |
| 1:06.0 | You can find out more about and subscribe to Cashflow Connections at Cashflow Connections.com slash podcast. Here we go. |
| 1:14.9 | Tom, honor to have you on. Thanks again. My pleasure, Hunter. So I was recently at lunch with |
| 1:20.7 | someone that I have a lot of respect for. And I don't know them super well, but we started to talk about |
| 1:24.9 | the economy and the state of things, and we'll talk about |
| 1:27.5 | the details of this conversation later. But basically, the key takeaway for me was it's been a long |
| 1:32.0 | time since 2008, and we've talked a lot about the causes of 2008. But I'm going to keep talking |
| 1:37.9 | about it until I have to stop hearing conversations and comments made by this person, which we'll |
| 1:42.6 | get it to. But before we even get |
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