Logical Anarchy Today

Monetarists that worship Milton Friedman argue that a steadily growing economy needs a steadily growing money supply. They argue that if this does not happen, recessions and depressions will occur. This is all nonsense though. If it were true, third world nations could end poverty easily by simply creating a central bank and printing money until poverty is eradicated. Learn more about this in today's episode.How Much Money Should There Be?Regression theorem Mises WikiSubjective theory of value Mises WikiThe Origin of Money and Its ValueHuman Action by Ludwig Von MisesTom Woods Liberty ClassroomInterested in Bitcoin as an alternative to US Dollars? Use our Coinbase link!If you sign up with our coinbase link and purchase $100 in bitcoin, you will recieve an extra $10 from coinbase.The "Shift" Bitcoin debit card is through coinbase as well.Support the show by entering Amazon through our link HERE!Support the show with Bitcoin HERE!Use this address to add the Logical Anarchy Today show to your podcatcher or subsc