Welcome to the second panel, everybody.

I'm very happy to have Barbara Colm here with me,

the director of the Austrian Economics Center.

Let's say she has been fighting for freedom for a very long time.

The free market roadshow has been going for 17 years,

which I think is very impressive.

If you look at, you know, how many cities that are hosting these kind of panels.

Barbara has also served until recently September, right, as the deputy chairman of the Austrian Central Bank.

I think it's quite rare that you see people with,

not only from Austria, but with an Austrian economics conviction,

you know, sitting in those positions, and I think that was most welcome. So what we're going to do in the second channel is we're going to focus on monetary policy.

Of course, I don't have to explain to you how important monetary policy is for freedom.

If you really want to destroy society, hurt it very badly,

and you don't want to carpet bomb it then there's no better

methods than to mess up the money supply and to undermine the stability of

money all nasty things can happen when you do that and sadly in history

we've seen many examples of that that does of, not stop the expert class from suggesting all kinds of monetary policy

experiments, mostly just the recycling of the previous failed experiment.

We only have to listen to Goet back in the 1700s who was railing against paper money.

But what did he know, right?

So the lessons are always forgotten.

So it's incredibly important to try to, you know,

...