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 139 | The West Is in Serious Trouble | Guest: Glenn Beck
Ep 138 | We Have to Choose Between Dangerous Freedom and Peaceful Slavery | Guest: JP Sears
Ep 137 | No Americans Left Behind Should Be the Goal in Afghanistan | Guest: Rep. Warren Davidson
Ep 136 | Telling Stories of Freedom Through Film | Guest: Jo Ann Skousen
Ep 135 | The Afghanistan Withdrawal Was Botched, but Necessary | Guests: Kelley Vlahos and Matt Purple
Ep 134 | Debating Socialists Is a Dirty Job, But Somebody’s Got to Do It | Guest: Gene Epstein
Ep 133 | Libertarianism in Plain English | Guest: Tom Woods
Ep 132 | Americans Must Reject China-Style Authoritarianism | Guest: Lily Tang Williams
Ep 131 | Communicating Liberty Is No Joke | Guest: Dave Smith
Ep 130 | Socialism Has Poisoned Every Aspect of Cuban Life | Guest: Martha Bueno
Ep 129 | Live Free and Thrive in New Hampshire | Guests: Carla Gericke and Dennis Pratt
Ep 128 | Governor Beshear vs. Good Beer | Guests: Ted Mitzlaff and Oliver Dunford
Ep 127 | What Happens When Tyranny Comes Home? | Guest: Christopher Coyne
Ep 126 | Progressives View Democracy as an Obstacle to Power | Guest: Glenn Beck
Ep 125 | Does America Still Believe in Second Chances? | Guest: Rep. Nancy Mace
Ep 124 | The Chinese Model Should Be Shunned, Not Emulated | Guest: Li Schoolland
Ep 123 | An Inside Look at the Violence in Jerusalem | Guest: Gil Dagan
Ep 122 | Lockdowns Have Us Singing the Blues | Guest: Tommy Z
Ep 121 | No Dignity Without Integrity | Guest: Mark Pellegrino
Ep 120 | Freedom Lets Ordinary People Do Extraordinary Things | Guest: Peter Boettke
Create your
podcast in
minutes
It is Free
The Glenn Beck Program
Unashamed with the Robertson Family
Louder with Crowder
Steve Deace Show
Pat Gray Unleashed