Description

Janet Yellen gave a speech in Jackson Hole Wyoming last week and she didn’t address monetary policy at all!  Many commentators were surprised by this and she focused mainly on regulations. She pointed out how the FED and congress responded correctly during the 2008 financial crisis by imposing more regulations on the financial sector. She says these regulations have made our economy more resilient than it was 10 years ago! The main point missed by all commentators out there is that she’s doing this to set up the narrative that deregulation will be to blame for the next financial crisis! This will be the way to protect her legacy and the democrat party and it will leave all the blame on Donald Trump and the Republican Party! Everything is political my friends.

See More See Less

Subscribe

Leave us a review, comment or subscribe!

Meet the hosts

I farm and work on a feedlot just outside of Billings, MT. My dad and I will feed up to 8,000 head of cattle every year at the feedlot. As of September 20th I launched a podcast on iTunes where I talk about the current issues of the day. My mantra is defending the free market and making the moral case for capitalism! My show is weekly and is available on iTunes, Stitcher and your web browser.

discussions

  • http://drr.lib.athabascau.ca/files/phil/375/baxter5.pdf   This was required reading at Lewis and Clark Law School back in 1976. It poses some interesting issues. Might be a good basis for discussion.

    Jump to Discussion Post 0 replies
  • 1) What is your estimation on the stability of the dollar as the leading world currency? (or for Europe the euro) 2) How much time do you give it until it will collapse? 3) What do you suspect will be the trigger – will it be chronologically planned (e.g. by IMF) or will it be an unexpected event (e.g. black swan / bubble burst)?

    Jump to Discussion Post 5 replies
  • Banks have been blamed for having fractional reserves, instead of 100% reserves. What’s your opinion?

    Jump to Discussion Post 17 replies
  • Dear Liberty.me’ers: I thought I’d reach out and see if any of you would be interested in a project I’ve been working on. I have set up a way to make a gold account interface with the modern electronic banking system. You get all of the convenience of modern banking, without the inherent, umm…. risks, difficulties, dare I say, fraudulence? You keep your savings in gold, and you pay everyone else in dollars. And that’s always a good principle: keep your assets in a sound currency, and your liabilities in an unsound one. The gold is vaulted in Switzerland. So instead of going through lots of rigamarole selling gold, going to a dealer, paying a big percentage, etc., you can just *spend your gold*! Instantly! My company is Midas. I’ve set up a bare-bones placeholder site at: http://Midas.gold Here’s a rough informational brochure I made: https://www.dropbox.com/s/mdz6ev6pqua61lw/Midas%2Belectronic%2Bbrochure.pdf?dl=0 Let me know if you would be interested in getting such a card.  I am just looking for a few beta-testers.

    Jump to Discussion Post 13 replies
  • Who are the money changers? What role have they played in history?

    Jump to Discussion Post 2 replies