This is the Jekyll Island / Creation of the Fed audio. Now, I can extrapolate an argument from this on what to do about bailouts and Public Debt Repudiation, but I would have to imagine Rothbard more directly adresses these issues in some other audio.
This is the Jekyll Island / Creation of the Fed audio. Now, I can extrapolate an argument from this on what to do about bailouts and Public Debt Repudiation, but I would have to imagine Rothbard more directly adresses these issues in some other audio.
ReplyDeleteSo Rothbard advocated repudiating the public debt??
ReplyDeleteNo wonder he is grouped with the crank (Austrian) school of economics.
He had a biting wit didn't he?
ReplyDeleteI don't like how the government borrows money, pledging my future tax payments as collateral. I agree with Rothbard. Public debt is bogus and immoral.