SLP198 Caitlin Long - What Are Austrian Economists Missing About Money And Banking?
Stephan Livera Podcast
00:00
What the Austrians Are Painting With a Wrong Brush
"The traditional banking system is not where the action is. It's in the shadow banking system," he says. "That dollar short that's out there is going to perpetuate the dollar for a lot longer than any anybody realizes." The borrowed, literally, the grandparents equity will run out eventually and i think it will be during our lifetimes", adds Mr Boulden.
Play episode from 50:43
Transcript
