Ep. 219 Monetary Policy Matters
The Tom Woods Show
Tom Woods
4.8 • 3.4K Ratings
🗓️ 12 August 2014
⏱️ 30 minutes
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Summary
Paul-Martin Foss, Ron Paul's legislative assistant on monetary policy and executive director of the Carl Menger Center for the Study of Money and Banking, talks about the Fed and his experiences in Ron's office.
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. |
| 0:28.2 | 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. |
| 0:42.3 | Well, his mind is not for rent to any government. |
| 0:46.9 | Beware, citizen, you are now departing from the world of allowable opinion. |
| 0:52.3 | The Tom Woods Show. Welcome, everybody. It's Tuesday, August 12th, |
| 0:58.3 | 2014. Today we're talking to Paul Martin Foss, a name you may not know, but you're going to |
| 1:05.9 | want to know. Paul Martin was legislative assistant for monetary policy and financial services to Congressman Ron Paul, |
| 1:15.5 | and he is the founder, president, and executive director of the Carl Menger Center for the study of money and banking. |
| 1:23.3 | MengerCenter.org is the website there that I highly recommend, and I'm thrilled to be able to talk today to Paul Martin Foss. Paul Martin, welcome to the show. |
| 1:35.2 | Thank you very much, Thomas. It's glad to be, I'm glad to be with you. |
| 1:38.5 | I was just saying the other day that this is like Ron Paul Week on the show. Two weeks ago, I had World War |
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