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Robert P. Murphy discusses the standard arguments against the gold  standard, many of which were used by Fed Chairman Ben Bernanke during his speech at George Washington University, how paper fiat money begets big government; why the Fed will continue  doubling down, using the same failed strategy until their luck turns  around or the dollar breaks; and why the “end game” crash may be an  intentional transition to a single global currency.

Podcast: Play in new window | Download (Duration: 27:05 — 6.2MB)