Erection book tv, with top nonfiction books and authors every weekend. Look tv, television for serious readers. The name of the book a scandal of money. While austria recovers but the economy never does. The author is george gilder, you opened with a quote, the source and root of all monetary evil is the government monopoly on the issue and control of money. Is there an alternative . There is. Gold is the most obvious because money is really a measuring step. It has to measure value. A measuring stick cannot be part what it measures. If the government treats money as a magic wand to stemming Economic Growth by fooling entrepreneurs about the meaning of the crucial price signal that govern other opportunities, then you have the kind of stagnation we are experiencing today. It is worldwide stagnation suites is not simply bad policy in the united states, its systemic throughout the world. Systemic affliction is your version of the meaning of money. So this question and evaluation it throw
Open with a quote from Frederick Hayek the source of all monetary evil is the government monopoly on the issue and control of money. Is there an alternative to the government controlling money . Quick there sure is. Gold is the most obvious alternative because money is a measure. It has to measure value and it can be a part of what it measures and if they treated as atreat it asan economic bond toe entrepreneurs about the meaning of the crucial price signals that govern all of their opportunities, then you have the kind of stagnation we are experiencing today, and its a worldwide stagnation which means its not simply the policy of the united states, capitalism around the world and be systemic affliction is the meaning of money, so this grows old valuation into question because its like we float money today and International Exchange trading today, trading currency back and forth is 73 times bigger than all of the trade in goods and services put together. Its 25 times bigger than all of
Author is George Gilder. You open with a quote from free rick hayak, the source and root of all monetary evil is the government monopoly on the issue and control of money. Is there an alternative to government controlling money . Guest there sure is. Host what is it . Well, gold this most obvious alternative, money is really a measuring stick. It has to measure value. A measuring stick cant be part of what it measures. And if the government treats money as the magic wand to summon economic growth, like fooling entrepreneurs about the meaning of the crucial price signals that govern all their opportunities, then you have the kind of stagnation that were experiencing today. Its a worldwide stagnation, which means that its not simply bad policy of the united states. Its some systemic affliction of capitalism around the world and the systemic affliction is the erosion of the meaning of money. So, this question throws all valuation into question because its like you we float money today. In
It has to measure value, and a measuring stick cant be part of what it measures. And if the government treats money as a magic wand to Summit Economic growth like fully entrepreneurs, thats the meaning of the crucial price signals that govern all their opportunities, then you have the kind of stagnation that we are experiencing today. Its a worldwide stagnation, which means its not simply bad policy of the united states. Some systemic affliction of capitalism around the world, and the systemic affliction is the erosion of the meaning of money. So this question throws all valuations into question. Because its like we float money today. Now, International Exchange trading today, just trading currencies back and forth, is 73 times bigger than all trade in goods and services put together. Its 25 times bigger that all global gdp, and it doesnt even arrive as monetary value that anybody can trust. When money is a model of all the horizons of the economy shrank. Host is this book a call to re
Economy . After so many months of bumping along the bottom, will 2015 be the happy new year well be cheering for when we count down to midnight on december 31st. Thats the big question we have today as we look ahead on sunday morning futures. Already one potential candidate, jeb bush has announced hes actively exploring a run for the white house. Others like Elizabeth Warren have backers pushing them towards the field. The 2016 president ial race is starting to take shape and it is not even 2015 yet. John kasich served in congress for 18 years. He is now the governor from the buckeye state, ohio. Governor, good to have you on the program. Thanks so much for joining us. Glad to be with you. So many people talk about you as perhaps a candidate. Will you throw your name in the ring . Maria im focused on the budget here in ohio. Thats all im thinking about now. Weve got some good Economic News last week. We are up about 285,000 jobs in the last four years, which is really great. Our unempl