When Money Dies

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When Money Dies
The Dollar Vigilante Interviewed on Freedomain Radio (YouTube)

Jeff Berwick, the host of Dollar Vigilante speaks to Stefan Molyneux of Freedomain Radio about inflation, the Federal Reserve, fiat currencies, fiscal collapse and the light at the end of the tunnel. http://www.dollarvigilante.com

Topics

  • Austrian economics (i.e., true economics)
  • By some estimates, war costs the world approximately $8-Trillion per year
  • Education/indoctrination
  • Central banking, an abomination to free market, one of the ten planks of Marxism
  • We have been in a truly fiat currency system for only 40 years (1971)
  • Inflation of fiat currency enables wars
  • No fiat currency ever lasts very long; they are only backed by guns
  • Fiat currency is antithetical to free market (relies on force) and capitalism (actually is Marxist)
  • Licensing is nothing more than bribing officials for permission to do business
  • Our system is essentially pockets of quasi-black market activity enabled by bribery in a statist monopoly
  • So-called 'anarchist' protests are actually against austerity (want free stuff taken by force from others)
  • So-called revolution for 'democracy' is actually fomented by interests in maintaining status quo (excuses for crackdowns)
  • He who does not understand the world in the age of the internet is a self-made idiot (ignorant by choice)
  • Property rights and non-aggression principles are all we need to understand.
  • US Gov't knows it's bankrupt, hence in desperation, deceives the people by means of Quantitative Easing (inflation)
  • Federal Reserve has stopped reporting how much they are adding to the money supply see: ShadowStats.com
  • Austrian method of calculating inflation

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