Ep. 269 End the Fed, Then What?

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.8 • 3.3K Ratings

🗓️ 22 October 2014

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jeff Herbener describes the separation of money and state. Check out tomwoods.com/money and "How to Return to Gold," referred to in the episode.

Transcript

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0:00.0	In a world of Democrats, there will be time for them to make profits.
0:05.2	Now's not that time.
0:06.4	And Republicans.
0:07.9	I've abandoned free market principles to save the free market system.
0:12.2	You need a voice of liberty.
0:15.0	Look no further.
0:16.8	You've found it.
0:18.4	Tom Woods.
0:21.2	Beware, citizen.
0:22.9	You are now departing from the world of allowable opinion.
0:26.9	The Tom Woods Show.
0:34.1	Welcome, everybody.
0:35.1	It's Wednesday, October 22nd, 2014.
0:38.3	And we're talking about ending the Fed, yes, but specifically about what replaces it.
0:45.3	Somebody's got to issue the money. Who's that going to be?
0:49.3	Are we just trying to go back to the gold standard?
0:52.3	Or are we looking at something much more sweeping?
0:56.2	Joining me to talk about this today is Professor Jeff Herbiner, chairman of the Department of
1:01.4	Economics at Grove City College in Grove City, Pennsylvania, where Hans Sennholtz once taught,
1:07.6	by the way. Grove City has always ranked as one of these top, small liberal arts colleges.
1:14.1	It's a wonderful place. Of course, it has Jeff as the department chairman. How much better could it get?
1:19.0	Jeff is also the associate editor of the quarterly journal of Austrian economics. And let me tell you something.
	...

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