discusses his “War and Inflation“speech at a 2008 Future of Freedom Foundation conference,
how central banking allows governments to fund wars and empire through money printing instead of direct taxation,
keeping a lid on internal dissent,
why deflation is a normal and desirable condition of productive economies
and why Keynesianism is best summarized as the economics of state power.
MP3 here. (22:08)
Lew Rockwell is the founder and Chairman of the Ludwig von Mises Institute in Auburn, Alabama,
Vice President of the Center for Libertarian Studies in Burlingame, California,
and publisher of the political Web site LewRockwell.com.
He is the author of The Left, The Right and The State
and served as Ron Paul’s congressional chief of staff between 1978 and 1982.
Check out his podcast show here.