4.8 • 3.3K Ratings
🗓️ 22 June 2016
⏱️ 42 minutes
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John Tamny and I discuss the Fed and its record, along with money, credit, and the economy in general. We also get into a dispute over fractional-reserve banking. Check it out!
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0:00.0 | The Tom Woods Show, episode 686. |
0:03.5 | Prepare to set fire to the index card of allowable opinion. |
0:08.4 | Your daily dose of liberty education starts here, the Tom Woods Show. |
0:14.5 | Is email driving you crazy and taking over your life? |
0:18.2 | Do you feel like you can never possibly get and stay caught up? |
0:22.2 | Well, here's my secret weapon. |
0:24.3 | Sanebox.com slash Woods. |
0:26.7 | That's S-A-N-E-B-O-X.com slash Woods. |
0:31.4 | Hello, everybody. Tom Woods here. |
0:33.0 | John Tammney's back with us once again. |
0:35.6 | He is editor over at Real Clear Markets.com, and he's got a brand |
0:41.1 | new book that I just read over the past few days, and that I genuinely enjoyed. It was not a |
0:46.7 | chore. I got to do this for the podcast. I really enjoyed it because he's got a great writing |
0:51.7 | style, and he has a great way of helping explain things in popular terms. Where he's got a great writing style, and he has a great way of helping explain things in |
0:57.0 | popular terms without being insulting. And the book is called Who Needs the Fed? Good start. |
1:04.1 | What Taylor Swift, Uber, and Robots tell us about money, credit, and why we should abolish |
1:09.0 | America's Central Bank. You can follow him at |
1:11.8 | Real Clear Markets.com. I'll have his Twitter up at Tomwoods.com slash 686. And let's just turn |
1:19.0 | things right over to John Tamney. Welcome, John. Thanks for having me, Tom. This book, Who Needs |
1:24.8 | the Fed, I think, well, first of all, I'll tell you, I really enjoyed reading this. |
1:30.5 | There's one line in here I could have done without, but all right. |
1:33.5 | But I really did enjoy reading it because you really, I think you do a really good job of explaining what are complicated things, not only so that people can understand them, |
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