Ep. 540 Left Attacks Rand Paul on His Fed Comments; We Respond
The Tom Woods Show
Tom Woods
4.8 • 3.4K Ratings
🗓️ 24 November 2015
⏱️ 40 minutes
🧾️ Download transcript
Summary
In the last GOP debate, Rand Paul discussed the harm the Fed does to the ordinary person. As usual, the Left -- you remember, the people who supposedly "question authority" -- leaped to the defense of an longstanding institution. The prize for the most juvenile and uncomprehending analysis, though, goes to poor Timothy B. Lee of Vox. There is nothing left of Timothy by the end of this episode.
Transcript
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| 0:00.0 | The Tom Woods Show, episode 540. |
| 0:02.8 | Prepare to set fire to the index card of allowable opinion. |
| 0:07.6 | Your daily dose of Liberty Education starts here, the Tom Woods Show. |
| 0:13.6 | Want to know an easy way to be a hero to all your libertarian friends and relatives? |
| 0:18.4 | With a gift subscription to Liberty Class liberty classroom.com where they can learn |
| 0:22.2 | the history and economics they didn't get in school. Watch for a special Black Friday discount. |
| 0:28.2 | Welcome to another episode of the Tom Woods show. Again, I'm sorry this one was a little slow |
| 0:33.0 | in coming. Again, as I said, I did so many episodes in advance that it was hard for me to get in there with some current events. |
| 0:41.6 | So this is going to take us back a little bit. |
| 0:45.7 | Let's see, this is going to be November 24, 2015. |
| 0:50.0 | So this is from a couple of weeks ago, the topic we're going to be talking about. |
| 0:54.1 | During the most recent GOP debate, Rand Paul – So this is from a couple of weeks ago, the topic we're going to be talking about. |
| 1:01.8 | During the most recent GOP debate, Rand Paul had some negative things to say about the Federal Reserve. |
| 1:10.5 | And the very next day, a website called Vox immediately jumped and said, how dare he say these things, why the Fed has done wonderful things, |
| 1:12.4 | and what Rand Paul has to say is all wrong and so on and so forth. And I had a lot of people |
| 1:18.0 | saying, we need you to answer this article. And I'm sorry it's taken so long. I'm going to get |
| 1:23.1 | better at figuring out how to insert a current events sort of episode into the stream of episodes. |
| 1:28.2 | But anyway, I'm going to be talking today to Dave Howden, who's been a guest a couple of times on the show in the past. |
| 1:35.3 | Dave is the chairman of the Department of Business and Economics at the Madrid campus of St. Louis University. |
| 1:42.1 | And I met him when he was a Mesaises fellow. I really think he's one of the |
| 1:46.6 | best and brightest Austrian economists we have anywhere in the world today. So I'm always glad to |
| 1:52.1 | have a chance to talk to him. So let's do that. And again, as I say, I'm sorry for the delay, |
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