Hard money is stupid and backward, they say, and the Federal Reserve is necessary to protect us against the wild excesses of a free economy. Oh, and falling prices would be terrible! We’re going to smash this today. Special Offer: Happily date box: Take 50% off your first date at
Thomas E. Woods, Jr., is the 2019 winner of the Hayek Lifetime Achievement Award from the Austrian Economics Center in Vienna. He is a senior fellow of the Mises Institute and host of The Tom Woods Show, which releases a new episode every weekday. Visit https://tomwoods.com