"What About Money Causes Economic Crises?" with Peter Schiff - Ron Paul Money Lecture Series, Pt 3/3

By peter schiff / December 19, 2011 / www.youtube.com / Article Link


Rep. Ron Paul sponsored this Congressional lecture on "What About Money Causes Economic Crises?", the concluding lecture in a three part series on the basic principles of money for Congressional staff. As a continuing educational tool this lecture was filmed and is provided to the public. The lecture was delivered by Peter Schiff, CEO of Euro Pacific Capital and author of Crash Proof: How to Profit From the Coming Economic Collapse and How an Economy Grows and Why It Crashes.Mr. Schiff explains the fact that the interest rate is a price and that manipulation of that price results in real changes to the capital structure and structure of production within the economy, causing imbalances, booms, and eventually busts in the economy.His lecture also explores how government intervention through labor and employment policies results in diminished employment and an overall reduction in the standard of living.Previous videos in this lecture series can be found here:Pt. 1: "What is Money?" -- http://www.youtube.com/watch?v=vowbrq... Pt. 2: "What Is Constitutional Money?" -- http://www.youtube.com/watch?v=k6gMkK...

Recent News

Thor Explorations continues to lead TSXV global gold producers

June 02, 2025 / www.canadianminingreport.com

Gold stocks rise with juniors outperforming majors

June 02, 2025 / www.canadianminingreport.com

Gold Becomes Largest Metals Market

May 26, 2025 / www.canadianminingreport.com

Gold stocks surge on metal gain, Amex boosts Perron resource

May 26, 2025 / www.canadianminingreport.com

Global trade tensions ease and inflation continues to decline

May 19, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok