Ep. 141 Do You Want the Crankish Monetary System We Have Now, or This Other Crankish Monetary System?
Contra Krugman with Bob Murphy and Tom Woods
Episode
It’s one thing to find problems with the current monetary system. It’s quite another to recommend an alternative. Switzerland has establishment commentators going berserk over its own proposal — why, this would return us to the “Dark Ages,” warns Business Insider. We’re less interested in Switzerland than we are in figuring out what changes would move us in the right direction, and what changes would amount to the cure being worse than the disease.
