The Fiat Standard, the Debt Slavery Alternative to Human Civilization

When governments went off the gold standard in wold war one, they effectively managed get away with it. And i think we can understand this in that think about all the power of money and how powerful it is. The twentieth century did was to concentrate that power in the hands of governments. That's whyw find ourselves in a world in which governments control more. We'll return to this to morrow and hit on some different topics. I'm linking to it at tom woods dot com, slash two thousand 70. Become a libertarian in just 30 minutes a day. Visit tom woods dotcom to subscribe to the show for three and we'll see you next time.