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The Tom Woods Show

Ep. 345 Economic Cycles Before the Fed

The Tom Woods Show

Tom Woods

Politics, Government, News

4.83.4K Ratings

🗓️ 20 February 2015

⏱️ 61 minutes

🧾️ Download transcript

Summary

Organizer of This Event

Mises Institute

Video of This Event

Economic Cycles Before the Fed

Resource Page

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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