Tuesday, June 03, 2008

Gene Epstein on Gold, the Fed, and Money

Via EconTalk:

June 02, 2008, Featuring Gene Epstein

“Gene Epstein, Barron's economics editor, talks to EconTalk host Russ Roberts about the virtues of the gold standard relative to fiat money. Epstein argues that privately issued money, backed by gold, would lead to an economy with much greater price stability and fewer and milder recessions.”

TIME: 1:07:23


Comment: Very informative discussion especially the portions concerning the Federal Reserve and money supply.

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