Justin talks about government regulations and talks about how they cause more harm than good. Justin also talks public utilities and how destructive they are in the market place. Do we really need public utilities?
Justin talks about the history of central banking in the United States. All of the previous central banks have ended in failure and a massive devaluation of the currency. Will the Federal Reserve experience a similar fate?
Justin talks about the Federal Reserve system and how it works. He gets into the three main policy tools used by the FED to “help” the economy. He also talks about how they are used and how they influence the economy. Is the FED good or bad?
Justin talks about a piece in the New York Times that says the U.S. needs to lose its world reserve currency status because we can no longer afford to have it. This sort of thinking is insane! Tune in and find out which government official is advocating this madness. Read more for the full transcript.