While I was at the Austrian Economics Research Conference, in Auburn, I had the great pleasure of speaking to Tom Woods. I questioned him about his thoughts on the ‘Greenbacker’ movement, a group of people who want to end the power of the Federal Reserve, to give money printing power directly to the U.S. government instead. As the Americans say, go figure…
Episode 111: Best selling author, historian and www.libertyclassroom.com founder, Tom Woods speaks with GoldMoney Foundations’ Andy Duncan at the Austrian Economics Research Conference 2013 in Auburn Alabama.
Tom spells out his case on why he thinks The Greenbackers are wrong, also a subject of a paper discussed at this years conference. His clear and concise arguments are a pleasure to listen to and he seems to be able to cut through so much of the inconsistencies in the arguments, of those in favour of a debt based monetary system.
If the dollar is great, why does it need monopoly protection? Tom intelligently questions the current status and what needs to change. A hardworking intellectual whom is doing what he can to educate and inform people about the subject of money. Something which is so fundamentally important to our lives but not given much thought.
This podcast was recorded on 22 March 2013.
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