Ep. 518 Woods Speech: What Has Government Done to Our Money?

Published: Oct. 23, 2015, 10:18 a.m.

Here I start with the basics and conclude with the financial crisis. The origins of money, how money creation was taken over by government, why deflation isn't a problem, how even low inflation can devastate the average person, how central banking creates instability and moral hazard, and more. These are my remarks at Liberty Fest Houston 2015.