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The Tom Woods Show
Ep. 2609 Fix the Money, Fix the World
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.
49:22
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Quick takeaways
- Sound money is crucial for establishing a fair society and addressing systemic issues caused by poor monetary policy.
- The historical failures of U.S. monetary policy highlight significant events, such as the creation of the Federal Reserve, contributing to today's economic crises.
Deep dives
The Impact of Sound Money on Society
The discussion emphasizes the critical role of sound money in shaping a healthy society. The concept has gained attention as a solution to systemic problems attributed to poor monetary policy, highlighting the importance of a stable financial system for everyday citizens. The phrase 'fix the money, fix the world' reflects the belief that addressing monetary issues could alleviate many societal challenges. The conversation suggests that restoring sound money is essential for promoting fairness and economic justice.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode