Ep. 345 Economic Cycles Before the Fed
The Tom Woods Show
Tom Woods
4.8 • 3.4K Ratings
🗓️ 20 February 2015
⏱️ 61 minutes
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Economic Cycles Before the Fed
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Economic Cycles Before the Fed
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Transcript
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| 0:00.0 | In a world of Democrats, there will be time for them to make profits. |
| 0:05.1 | 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. |
| 0:16.7 | You've found it. |
| 0:18.4 | Tom Woods. |
| 0:21.2 | Beware, citizen, you are now departing from the world of allowable opinion. |
| 0:26.9 | The Tom Woods Show. |
| 0:33.9 | Welcome to the Tom Woods Show, episode 345. |
| 0:38.5 | Well, today I'm sharing with you a talk I gave, I think one of the more important ones I've given, actually, on the subject of economic cycles before the Fed. |
| 0:48.8 | How do we account for these cycles if we say that it's central banking that's to blame, it's government intervention |
| 0:56.1 | that's to blame for economic cycles. Well, the answer has to do with artificial credit |
| 1:02.0 | creation being the cause of economic cycles, and it has to do with various ways in which |
| 1:07.7 | governments promote or connive at this process. |
| 1:11.6 | So we're going to look at that today, and I would say, by the way, this is one of the most common requests I get. |
| 1:17.6 | Like, how do I explain this to my friends who are all raising this objection to my anti-Fed view? |
| 1:23.6 | They say we had economic cycles before the Fed. So what do you say to that? |
| 1:26.6 | Well, here's what you say to that. |
| 1:29.0 | Show Notes page for today with resources on this is Tom Woods.com slash 345. |
| 1:35.7 | Remember, I'm going to be at Florida Atlantic University next week. |
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