Monetary Lessons from America's Past | Thomas E. Woods, Jr.

[@PongGod]

I was there for this speech. Tom Woods is a very impressive speaker!

[@LibertyAtYourService]

The only negative critique I have of this video is that not enough people have watched it. Woods is the best!

[@s0beit]

Thomas E. Woods is my favorite article writer and speaker of today woop

[@WeirdestGuy29]

Tom Woods is a badass! Love this guy!!!

[@fabioalves6690]

Very good.

[@Genowulf]

22:44 Murray Rothbard FTW!

[@benjis007]

took him about 12 minutes to begin...a bit too long if you ask me...but I'm still listening. thnks for the post! I am constantly being demonized lately for my "free market" leanings, and we need this kind of updated material to combat the naysayers...thnks

[@CORNandCATTLE]

Righteous... thanks for posting!

[@4Stanzas]

Is that Lew Rockwell in the mirror?

[@supturb89]

I was going to ask the same thing. Great speech!!!

[@CurtHowland]

History you're not going to ever get in a government school.

[@Flying_Scorpion]

Excellent talk.

[@aaaabbbc4]

does anyone know at which point he talks about the crisis of 1920?

[@tewj57]

They are not attributed to "any arbitrary government policy." They are explained in terms of the circulation-credit theory of the business cycle.

[@arthurschler4120]

Actually, there are developments to minimize and "adjust" historic lessons in many countries.

[@arthurschler4120]

But what if he is right about this "outrageous claim"? What if the economy of millions of people in fact isn't something to press into some easy mathmatical formula? Go in and proove him wrong. It should be easy, since you're so convinced he's wrong. I'm really looking forward to that.

[@brandonholt-smith8294]

History I hope doesn't get banned.

[@pretorious700]

Tom's 5 o'clock shadow got darker by the end of this talk.

[@tewj57]

Yes, I realize the mainstream view is that the gold standard "is not the way to go," and there are a zillion fallacious arguments trotted out to defend this conventional view. The so-called arguments you will get against a gold standard in the typical economics class would not satisfy a ten-year-old.

[@Max261193]

Funny how Lew is on the mirror

[@sinitskyd]

We in FBI and NSA are watching you Mises and Ron Paul people! You must have a lot of gold and we will visit you first when the President signs gold exchange law, thereby abiding you to exchange gold for warm, smooth and crispy green paper.

[@tewj57]

I guess we'd be better if we just shut up and pretended manipulating interest rates didn't cause micro-level problems; let's instead focus instead on large aggregates that obscure more than they reveal.

[@petmensan]

Tom Woods/Peter Schiff 2012

[@UnconventionalSpark]

Prophecy. And here we go again…

[@AFRIKTODAY]

Great economist, religious proselytizer! I guess, nobody is perfect!

[@sinitskyd]

In this case, we will go after her and tax her on her rent income...

[@DataMan90210]

HGTV - Is real-estate prono!

[@tewj57]

At no time does the video claim that modern economists know nothing of economics.

[@hotman537]

@TenTonHorse Well not only is this guy arrogant in his projection of his idea being better than all the others. He doesn't really KNOW, but goes off as his what he believes in is so SIMPLY FACT. watch aspect of the video, and question his rhetoric. At one point he claims that modern day economists know nothing of economics, whcih is pretty absurd and sensationalistic-ally manipulative

[@pas9ify]

Pdrum you are operating under invalid definitions. Monopoly and oligopoly are not "capitalism". Under said system, no market player can influence it's market, ideally. The further you stray from that ideal, the less efficient your economy. Governments, such as China's that are not afraid to level the playing field, enjoy the best growth. What you are calling capitalists are actually facists: business taking over governments which was the model under Hilter & Mussolini.

[@sinitskyd]

What the heck, we will confiscate your silver too. And your wife, if she is pretty

[@PonziZombieKiller]

same as it ever was, same as it ever was. fake

[@hotman537]

this has a lot of economic logic to it, but it's really manipulative. Also, going back to the gold standard is not the way to go, please take an actual economics class before listening to these speeches.

[@OrthoHoppean]

A gold standard is better than the current fiat regime, but is still flawed and Austrians acknowledge this. What they advocate above all is a free market in money (letting commodities such as precious metals, cryptocurrencies, and unbacked moneys compete for consumers). Mainstream college economic classes often spit a bunch of pro government propaganda because more often than not, some of their funding comes from government. Or they just spit out a bunch of equations and forget the "human" aspect of economics. It is a social science, rooted in the fundamental truth of human action.