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The Tom Woods Show

Ep. 1988 How to Navigate the Fed's Boom/Bust Cycle

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.83.3K Ratings

🗓️ 11 October 2021

⏱️ 31 minutes

🧾️ Download transcript

Summary

Murray Sabrin, who taught finance at Ramapo College for 35 years, has a brand new book answering this question: since Austrian School economists know that Federal Reserve interventions cause the boom-bust cycle, how should businesses make sensible decisions with all the Fed's white noise in the background? Sponsor: Dröm, the values-based dating app. Sign up for free at , and use code woods.

Transcript

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0:00.0

The Tom Wood Show, Episode 1888.

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.

0:11.7

The Tom Wood Show.

0:13.5

Hey, for all you libertarians stuck in the miserable dating scene,

0:17.9

I have just the thing for you.

0:19.7

Drowham is a free new values-based dating app.

0:22.4

You pick deal breakers and deal makers,

0:24.9

such as politics, religion, any other values.

0:27.7

Soon as someone matches your deal breakers and deal makers and you match theirs,

0:31.5

you get a notification.

0:32.9

Sign up for free at drom.date slash woods.

0:36.8

That's d-r-o-m dot d-a-t-e slash woods.

0:42.1

Hey, everybody, Tom Woods here.

0:43.3

Murray Sabern is back with us today.

0:45.1

It's unbelievable.

0:45.9

We just had Mariana talk about his book on healthcare.

0:49.2

And now he's got a brand new book called Navigating the Boom Bus Cycle

0:53.5

and Entrepreneur's Survival Guide, which is so important and fills such an important gap

0:59.1

because as I was saying at the end of the last episode,

1:01.7

we're very good at explaining the theory behind the boom and bus cycle,

1:06.1

where it comes from, why the economy has an artificial boom that has to end in a bust

...

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