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Robert P. Murphy, senior fellow at the Ludwig von Mises Institute and author of The Politically Incorrect Guide to Capitalism and The Politically Incorrect Guide to The Great Depression and the New Deal, discusses modern warfare dependent on central bank money creation, Austrian economic theory entering mainstream vocabulary, the FED’s argument against a congressional audit, the consumer-driven economic theory that misses the production component, a new era of stagflation coming.

Podcast: Play in new window | Download (Duration: 50:04 — 11.5MB)