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The Tom Woods Show

Ep. 577 Where Should You Put Your Money? The Answer May Surprise You

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.83.3K Ratings

🗓️ 22 January 2016

⏱️ 42 minutes

🧾️ Download transcript

Summary

Mark Skousen, the Austrian-friendly editor of the Forecasts & Strategies newsletter for over 35 years, dissents from the advice of what he calls the "doomsayers," and says those people miss a lot of bull markets. I thought my audience would benefit from another perspective. Enjoy!

Show notes for Ep. 577

Transcript

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0:00.0

The Tom Woods Show, episode 577.

0:03.8

Prepare to set fire to the index card of allowable opinion.

0:08.6

Your daily dose of liberty education starts here, the Tom Woods Show.

0:14.5

Folks, if you missed our webinar yesterday for Zappable, the replay is available at

0:19.7

tomwoods.com slash zap. We had hundreds of people there,

0:23.6

and everyone went berserk for this software, which makes it so easy to create beautiful and

0:29.8

awesome mobile apps that you can sell to local businesses. Check it out at Tom Woods.com

0:35.4

slash zap. Hello, everybody. Mark Skousen is joining us today to talk about Austrian economics for investors.

0:44.2

And Mark takes a view that's a little bit different from what you've heard from a lot of other investment advisors who are influenced by Austrian economics.

0:52.0

So I thought it would be interesting to get another perspective

0:54.3

on some of these questions. We also want to talk about the GDP and gross output numbers and why

1:01.3

one is better than the other for understanding what's really going on in the economy. Mark Skousen

1:07.0

is an economist, investment analyst, newsletter editor, college professor, and author.

1:12.3

He's the author of over 25 nonfiction books. The one that I want to focus on primarily is

1:18.3

a Viennese waltz down Wall Street, Austrian economics for investors. I'll have several of

1:24.3

Mark's titles up at tom Woods.com slash 577.

1:28.8

He is the editor-in-chief of the financial newsletter, Forecasts and Strategies, and he is also the

1:34.6

producer of Freedom Fest, the annual gathering in Las Vegas.

1:39.4

Mark, welcome to the show.

1:40.7

Thank you, Tom.

1:41.6

Nice to be with you.

1:43.1

I don't think I'm revealing anything that

...

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