In the midst of yet another American banking crisis, the so-called experts are at a loss to explain how these crises keep happening. But there is an answer, and it’s one that Austrian economists have known for more than a century. Matt Kibbe talks to Peter St. Onge, research fellow at the Heritage Foundation, who explains how our system of fractional reserve banking is a house of cards that is founded on the lie that the same dollar can be in two places at once. Simply put, the banks are so fragile because they are already insolvent—even when things seem to be going well. This issue can be solved, but it requires rethinking the way we bank and getting the government out of the money business.
Ep 220 | How We Avoided a Second Housing Crisis | Guest: Mark Calabria
Ep 219 | How Comic Books Can Save the World | Guest: Matt Battaglia
Ep 218 | The Threat of a Central Digital Currency | Guest: Rep. Warren Davidson
Ep 217 | The Case for a National Popular Vote | Guest: Saul Anuzis
Ep 216 | Trans Radicalism Is Bad for Trans Women | Guest: Sara Higdon
Ep 215 | Keep Your Government Hands Off My Crypto | Guest: Paul Atkins
Ep 214 | Should We Fear AI Art? | Guests: Sean Robinson & Carson Grubaugh
Ep 213 | In Search of Monsters to Destroy | Guest: Chris Coyne
Ep 212 | The NIH’s Campaign of Animal Abuse | Guest: Justin Goodman
Ep 211 | The Myth of Left and Right | Guests: Verlan and Hyrum Lewis
Ep 210 | The New Church Committee | Guest: Rep. Thomas Massie
Ep 209 | How COVID Drove the World Insane | Guest: Justin Hart
Ep 208 | A Historic Fight for Speaker of the House | Guest: Rep. Chip Roy
Ep 207 | Leaving the Left for Liberty | Guest: Sienna Mae Heath
Ep 206 | People Are Hungry for School Reform | Guest: Hannah Frankman
Ep 205 | Levi’s President Told to Zip It Over COVID Opinions | Guest: Jennifer Sey
Ep 204 | Censorship Is a Big Government Problem, Not a Big Tech Problem | Guests: Adam Thierer and Wayne Brough
Ep 203 | Liberty Republicans Outperformed the Party | Guest: Jack Hunter
Ep 202 | Why Do Tyrants Get Reelected? | Guest: Rep. Thomas Massie
Ep 201 | What We Talk About When We Talk About the Economy | Guest: Per Bylund
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