The Tom Woods Show

Ep. 2609 Fix the Money, Fix the World

8 snips
Feb 21, 2025
Larry Lepard, a sound money fund manager and author of "The Big Print," dives into the critical need for sound monetary policies to tackle America’s economic woes. He critiques the current system, highlighting the gaps between official statistics and everyday experiences of inflation. The conversation explores the historical evolution of monetary systems and their impact on wealth inequality. Lepard advocates for financial decentralization, including Bitcoin, as essential solutions to combat government money creation and hyperinflation.
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INSIGHT

The Burning House

  • The monetary system is the root cause of many current problems, like a house on fire.
  • The debate between political parties often ignores this crucial issue.
INSIGHT

The Monetary System's Control

  • The control of the monetary system offers significant advantages, incentivizing manipulation throughout history.
  • The Founding Fathers recognized this risk, initially mandating gold and silver as currency.
INSIGHT

Rigged System

  • The current system protects bankers and elites at the expense of average wage earners.
  • This unfair system, characterized by rigged rules, is often mistaken for broken capitalism.
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