Fun with Fred and Lord John

November 28, 2010

Lord John Maynard Keynes is almost singlehandedly responsible for the economics practiced around the world today. You remember…the economics model that inflates currency endlessly and de-couples all currencies from any kind of real money like gold and silver. That economics model that tries to plan everything, which causes the boom and bust cycles that have been so much fun for the last 100 years.

And then there’s Frederick A. von Hayek, the Austrian born economist that championed the Austrian economic system…the one that melds monetary policy to precious metals forever, thereby preventing inflation and killing off the boom and bust cycles once and for all.

Well, here are two videos your your entertainment and education. Enjoy!!

The second video shows you how two major nations are shedding the Dollar.