No one tears up the notion of Central Banking quite like Tom Woods. To become an expert in free market economics, sign up for online classes at the Liberty C…
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Tom Woods Breaking Down the Federal Reserve Like a Boss
"If you've done nothing wrong, you have nothing to worry about". Too bad the federal government only applies this logic to seizing Verizon phone records of all its customers and not to auditing the Reserve.
The fact that Frank talks like his mouth is wired shut distracts from the dumb things he says.
What a whiner.
Probably one of the best speeches of all time. No joke
The Matrix is a system, Neo. That system is our enemy. But when you're inside, you look around, what do you see? Businessmen, teachers, lawyers, carpenters. The very minds of the people we are trying to save. But until we do, these people are still a part of that system, and that makes them our enemy. You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it."
The Fed is the BOSS; the Mafia and CIA works for them – Dah.
Another words – The federal reserve is above the Government and they can use the US economy to print as much dollars as they want and even sent them to Drug Dealers and Mafia and Gun Dealers and OF Course – The Fed has always finance Foreign Governments to create World Wars resulting in Millions of Deaths of Christians and Muslims also. A Pretty Good Scam – except Hell is waiting for the Fed Satanists.
You watch too much Zeitgeist.
very wise man,, god bless
Gotta love Dr. Woods.
Tom Woods is the mannn!
Great dude.
Look at Barney. Sitting back in his chair, nice suit, and hitting that mallet. Looks just like a mobster. (and a typical mob name)
But you are right, we are all slaves. I'm a slave, you are a slave all but a very very few are slaves, that is my point… Yea yea I know but they like you, they will kill you last.
Just admit to the world, you have no balls and no vision. Just keep swinging from the nuts of what ever BS economic theorist that you think will insulate you from the the rest of zombie nation… Shheezz you are already dead.
One more time Forrest… Economic policy is for idiots and slaves. Think Energy.
Shame on trained monkeys like you. It is you pseudo-intellectuals that have convinced the masses that you can shove 10 lbs of shit in a 1 lb bag and not have 90% spill out all over them. That's the global debt to gdp ratio and you pussies keep taking up the rear and acting like it was good for you.
You can't back up your captors claims of future prosperity so you come out with that. shame on you. You are just another asshole walking the street suffering from Stockholm Syndrome
but you are a slave if you want to compet with them.It means that they have hooked you into there materialistic way of thinking Every living creature has the right to accomodation a rabbit has a burrow a bird a nest bear a cave, even insects god given (or nature,depending on your cup of tea).The vast majority of people after they have paid morgage (death in latan) or rent to landLORD,and power,water,rates.Whats left over? Only kings and vagabonds deserve the best "bob dylan"
Whith in the recent few years there has been reports of the churches rapidly declineing in numbers.Now its getting shills like you to try and real them back in .Shame on you charlitin.Scienes within a spiritual context indeed.
Not sure what is such a smoke screen…. So you just let them threaten to take their ball and go away and because of fear of competing, we subject to indentured servitude. That is not my nature and I believe the human spirit is strong but it lacks knowledge. And they are keeping it all… Your in a system that's founding principle is "The time to buy is when there is blood in the street. That blood flows everywhere and is coming to a street near you, if you take responsibility.
my point is that all western counteries are run buy big bussiness. I personaly have made attempts at targeting them and the response is"if we do that they will pack up and go to china" All thoughs big words in your first sentance, just a smoke screen. TRYHARD
It will never happen because it is transparent and eradicates the policies of deception. But I think you underestimate the human. Give the masses a quality education and a shot of confidence and there is almost no limit to what can be accomplished. As soon as the human understands they have God's laws, they don't need the failed rules of aristocracy.
This econ cycle is in a death spiral and needs a complete overhaul. Not another false prophet. Deception is no way to run a society.
quite right aunt.i would move like lighting…straight out of the country Along with the jobs .Only the little fellas would get stung But thats all hypothetical there not gonna make them laws for themselfs are they…(oh thats right the people have the power)
to prove my point about a consumption and waste based economy. Cut consumption down to only what can be paid for with the accepted currency, and make the entities responsible for all pollutants in the water, air and soil, to remove all those pollutants with that same currency. Then watch what happens to that currency. It's gonna get very very active. I would say the velocity of money is going to approach the speed of light.
Just let the basics apply and the chips fall. Time to be adult.
But I strongly disagree about not applying the laws (those are not theories) of physics to economics. Ever wonder why all civilizations fall? It ain't because of the laws of physics. It's because we men try to alter them for individual gain. Objectivism at it's essential. The farther you stray from God's laws, the more likely you are to fail. If that is what Mises teaches you then he is a failure or he is being misinterpreted. This is an economy based on consumption and waste, no way out.
I am not formally educated in economics beyond the basics in college. I spend much more of my time in the sciences within a spiritual context. But I have an interest in it and have been reading some theory recently and talking to more people with that back ground. I am trusting you on Mises because of the Tom Woods connection and you have been very convincing. I may give it a read. Hope the connection to Ayn Rand is superficial at best.
Also I would recommend if not reading Mises's work at least watch the videos by Tom Woods, The Mises Institute, and Robert Murphy.
Thank you for keeping this civil
cont. the market dictates as a more efficient medium of exchange, as money comes from barter. Thus as the people remain flexible the currency remains flexible. You cannot apply the theories of physics to humans in terms of their acting processes. For example simple Newtonian physics cannot govern the actions of a filled jug getting shot by a rifle, rather you have to have more complex theories. Lastly I will state again Mises's theories were not based or advocate endless consumption.
I would say that Mises theories would work within the laws of nature. Mises never advocated central planning of any sense. All of Mises’s work is based of the ideas of classical economics which come from Locke, Ricardo and others. He also would be absolutely infuriated at the current situation and even more so about his theories being the basis for the appalling situation. As for monetary policy, the current policy is used as resource control. Mises and the Austrian idea of money is what the
Oh yea, my main reason for a reply. I will also cede to you in your statement that Mises does find that value is internal. You certainly know more about Von Mises than I do and my opinion was based on a conversation with a person I respect which made me watch a Max Keiser episode with a guest who discussed it and since they were yankin Von Mises, who is a driving force in a system that is an abomination, I accepted what I heard. I respect what you have put forth on his perception of value.
Oh yea, almost forgot and it may help to clarify my unusual point of view. Monetary policy is not the issue. Energy policy is the issue. Monetary policy is just a way for certain people to control the resources of the earth and only give out the bare minimum amount of currency to keep the boys in the field turnin those stones and the pretty girls flippin their skirts. That’s the logical end result of all these theories, they are conceived in pride and fueled by greed. Back to basics I say.
cont. Now if you say Mises, Smith or Keynes theories work within the laws of nature, then I don't think there is anything further to discuss. Think of currency as energy. It must flow and distribute according to the path of least resistance and must easily convert from static to kinetic. Any system that does not work in this way is corrupted and must be replaced. Otherwise you get what we have under this prevailing theory. It is all consumption and waste based, you cannot deny that.
cont.. But think about that central idea of action. Any logic will to tell you that the opposite of action is reaction. Action is the fundamental result of static energy becoming kinetic. Newtons second law applies. The energy release is then in motion and you must adhere to the first and second laws of thermodynamics or The Law of Conservation of Energy, which i suppose is the same thing. These are the laws of life constrained by absolute zero and 186 K per second. continued…
I think you are completely missing my point. (though I cede on the point of Keynes and Chicago) the entire concept is absolutely built on consumption of resources as that is the human supply of energy. What I am saying is that as a god in the field Mises has led this centrally planned system way off course. And Mises is who the intellectual elite have followed. And i agree that aside from Locke, few can rival his brilliance in theory and that is why he has been so dangerous, well to me….
Cont. Lastly Mises suggest that value is subjective and internal which would coincide with Locke. I also believe you are mistaken on what the Invisible Hand i.
Cont. As there policies are what is implemented and has been implemented for the longest time.
3rd Mises theory is not centered around endless consumption of scarce resources. Mises theory is centered around endless action as man will never be content, as he always will have a said uneasiness ranging from hunger to more trivial wants. Rather I would say this is a societal issue that needs to focus on and can only be fixed through education.
I would highly recommend reading "Human Action"
1st Mises theory of acting man spurns from the fact that man acts from a said "uneasiness" or the drive to create a better situation with regards to alleviating what is causing the actor this "uneasiness". Thus Mises is not against complacency but rather stating that complacent man in regard to one uneasiness is content.
2nd I would not say he is the most influential or respected economist of the 20th century. I would say that would fall unto Mr. Keynes or the boys from the Chicago school.
This video has introduced me to Tom Woods and for that I do want to thank you. Have listened to a few of his interviews and one in particular, with Stafan Moylneux, that was exceedingly impressive and thought provoking.
Good man, and would strongly support him as someone well worth a position of leadership in any capacity.
To further my point. Almost all modern economic theory is BS. They are almost all based on endless consumption in a world of limited resources. Economic theory is almost irrelevant because all that really matters in energy. And if you want a successful economic theory you must obey the laws of physics or nature. And the first law is the Law of Conservation of Energy. Von Mises and his ilk advance entropy and THAT will not sustain the specie. Lew and the boys need to think more deeply.
No, and I will attempt to tell you why in this limited space. As soon as I see someone basing theory on the idea that the opposite of action is complacency, then I cannot justify wasting my time on that. Von Mises is the most respected and influential economic theorist of the 20th century, and look what that has given us. the edge of total collapse, billions of starving, and non stop war over resources. He and Ed Bernays can blow each other in hell, they have crippled a society. More below
Thanks for that great video.
Have you even read "Human Action"
I wonder how Native Americans, African Americans, Hispanic Americans, Japanese Americans, and every other non-white American that has been the victim of genocide in America would feel about this comment.
I don't know a thing about Tom Woods, but Ludwig Von Mises has became the one individual who screwed up the work of John Locke and sound economics more than anyone since Adam Smith. But at least Smith had the good sense to admit his errors. I can't believe that everyone is not laughing at his "invisible hand" theory. They all raped John Locke and never ever realized the core fundamental theory of Locke was that value is internal, not external.
Is Barney Frank retarded?!
"Multiculturalism" is a program that is FORCED upon EVERY & ONLY White countries.
"Multiculturalism" is a program to turn EVERY White country into a non-White country.
This IS geNOcide. WHITE geNOcide.
If you are White, and you object to your own geNOcide, you are called a RACIST!
Well guess what, my people, White people, are catching on very quickly to the following two things:
1 — Multiculturalism is a code for White geNOcide.
2 — Anti-racist is a code for anti-White.
/watch?v=203-BKE5MgU
Smack um down Tom– Our Betters know whats best — RIGHT!!!
Keep on working and paying your taxes and lettings us rob you via inflation you peons
THIS COUNTRY NEEDS A REVOLUTION, NOWWWWWW
With all respect, you no longer have to do anything wrong. All anyone has to do to be "monitored" and "spied" on, is think or say the wrong thing, or just think.
It's all about CONTROL. More for the arrogant, smug, corrupt, greedy, authority driven, power hungry assholes, and less for us.
HERE ARE THE CHOICES TO ELECT A GOV. OFFICIAL
DEMOCRAT – Multi-Millionaire Lawyer
REPUBLICAN – Multi-Millionaire Lawyer
ANY OTHER PARTY – No chance of winning.
I voting mattered, they would make it illegal.
looks like the video is lagging behind by like half a second, or ahead by half a second, one or the other I can't tell.
IF YOU SPOKE THE TRUTH IT COMES OUT AND CLEAR, IF YOU SPOKEN LIES IT COMES LIKE THIS I I I DONT KNOW WHAT YOU TALKING ABOUT