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 160 | Don’t Get Mad, Get Based | Guests: Hannah Cox and Brad Polumbo
Ep 159 | Five Reasons Not to Intervene in Ukraine | Guest: Rep. Thomas Massie
Ep 158 | We Were Right About Lockdowns Before It Was Cool | Guest: Rep. Thomas Massie
Ep 157 | The Mind of the Censor | Guest: Robert Corn-Revere
Ep 156 | Are Vaccine Mandates Constitutional? | Guest: Jenin Younes
Ep 155 | Conform or Be Cast Out | Guest: Logan Albright
Ep 154 | The Technocratic Emperor Has No Clothes | Guests: Brian McWilliams and Calum Nicholson
Ep 153 | The Christmas Special | Guests: The Free the People Staff
Ep 152 | Is There Any Limit to Government Power? | Guest: Robert Alt
Ep 151 | Congress Shouldn’t Rely on Courts to Do Its Job | Guest: Sen. Mike Lee
Ep 150 | How the Government Grinch Stole Christmas | Guest: Peter C. Earle
Ep 149 | What Do We Know About the Origins of COVID? | Guest: Matt Ridley
Ep 148 | Don’t Enable Corrupt Systems; Change Them | Guest: Corey Olsen
Ep 147 | Capitalism Is the Antidote to Poverty | Guest: Antonella Marty
Ep 146 | To Fix the Supply Chain, Get Out of the Way | Guest: Jon Miltimore
Ep 145 | The Real Cuba Is Not What Tourists See | Guest: Maria C. Werlau
Ep 144 | Outsmarting the Medical-Industrial Complex | Guest: Sen. Rand Paul
Ep 143 | The Biggest Threat to Liberty Is Comfort | Guest: Reed Coverdale
Ep 142 | The World Is Getting Better | Guests: James Harrigan and Antony Davies
Ep 141 | Why Won’t Anyone Talk About Natural Immunity? | Guest: Rep. Thomas Massie
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