Two contemporary libertarian greats talk about the crisis.
10 Dec 2008 8: 41 am | Filed under: austrian economics, bailout, culprits, deflation, fascism, fractional reserve lendingMises Foundation founder Lew Rockwell interviewed blogger Mike “Mish” Shedlock on his podcast series:
Topics include bailouts, ’stimulus’ plans, the benefits of deflation, and Mish’s campaigns to end bailouts and abolish the Fed.
Mish is really pushing hard politically. I’m 100% behind him, but I worry a bit about how the gangsters might respond to him now that he is getting so popular.
Also check out Lew Rockwell’s podcast archives and look for Jim Rogers’ interview yesterday.
—
PS — Sorry again for the lack of posts. I’ve been a bit unsettled of late, having been in the middle of a transoceanic move.
- Tags: abolish the fed, austrian economics, bailouts, campaign, deflation, federal reserve, fractional reserve lending, Lew Rockwell, mish shedlock
-
(3 votes, average: 5 out of 5)
Loading ...
6 Responses to “Two contemporary libertarian greats talk about the crisis.”
Leave a reply
Most Viewed Posts
- Treasury-only money market funds - 10,016 views
- The next bubble: cash. - 9,069 views
- 90 day T-bill rate drops to 0.23%. What’s next, negative yields? - 8,459 views
- Inverse ETFs vs. LEAPS puts - 7,901 views
- Why bailouts will not stop the depression - 6,196 views
- About - 5,721 views
- Commodities bubble bursting - 5,529 views
- Listen to the people who predicted this: No bailouts, no New Deal, no serfdom. - 5,028 views
- On Black Thursday, 1929, the Dow closed down 2%. - 4,905 views
- Jim Rogers quote: - 4,438 views
Recent Posts
- Jul 23, 2010 - Dollar sell-off about over?
- Jul 19, 2010 - CHF & EUR: 2008 dead-cat redux?
- Jun 29, 2010 - One year later, a real head and shoulders?
- Jun 25, 2010 - Relief rally coming?
- Jun 23, 2010 - Is the bounce about over?
- Jun 14, 2010 - 2011 Dividend tax increase cuts real value of S&P500 by 30%.
- Jun 13, 2010 - Shiller on double dip in housing, retail, personal saving.
- Jun 9, 2010 - Iranian central bank dumps euros for gold and dollars.
- Jun 9, 2010 - Gold shifts to negative beta vs. stocks
- Jun 9, 2010 - Beck, Woods & Maltsev on Hayek
- Jun 9, 2010 - Cops retiring as millionaires
- Jun 8, 2010 - Eric King interviews Felix Zulauf
- Jun 8, 2010 - David Einhorn: Scrap the official ratings agencies (Moodies, S&P, Fitch)
- Jun 4, 2010 - Time for a bounce? (euro, stocks, copper, oil)
- Jun 3, 2010 - Applsauce
Recent Comments:
- One year later, a real head and shoulders? - Graphite: Mike, your post helped me decide to close the short leg of a...
- One year later, a real head and shoulders? - CP: Now we’re talking - let’s look for an energy company...
- One year later, a real head and shoulders? - Graphite: I’d also imagine the oil sands producers would be juicy...
- One year later, a real head and shoulders? - Graphite: Crude oil has the most liquid futures options market of all...
- One year later, a real head and shoulders? - Mike: If leverage is what you’re after, futures offer all anyone...
- One year later, a real head and shoulders? - CP: There’s got to be a better way to short crude than the...
- 2011 Dividend tax increase cuts real value of S&P500 by 30%. - panama red: This week BP Aug 11 bonds dropped to...
- 2011 Dividend tax increase cuts real value of S&P500 by 30%. - Jui: Do dividend taxes really matter, though,...
- 2011 Dividend tax increase cuts real value of S&P500 by 30%. - Mike: Thanks, Pej. Glad you noticed that....
- 2011 Dividend tax increase cuts real value of S&P500 by 30%. - seaterk: I noticed that Diamond Drill is at the...
anon
December 10th, 2008 at 2:30 pm
recommend any trades? i follow you often )
Mike
December 10th, 2008 at 3:33 pm
Nah, I never recommend trades. Not doing much now, really. Holding some long-term shorts, that’s all.
This is a counter-trend rally, but it can go a bit further and stay range-bound even many months longer, so I’m largely on the sidelines. If we are still at this level 6 months from now, I’ll go more heavily short. Same if we get close to Dow 10k at any time.
Not going long anything — still thinking $600 gold or lower and much lower silver. Agnostic on oil at this level. Long-term, sure, but $25 is not out of the question first.
I like grains long-term also, but I’m not in a hurry to buy anything. There is lots of time to scale into positions.
Brian
December 10th, 2008 at 5:17 pm
Hello Mike,
Where are you relocating to? I am living in France right now, although it’s not really part of my long-term, strategic vision (although it was nice to earn Euros over the course of the last year).
I wouldn’t mind exchanging e-mails with you on various and sundry topics that you might not wish to directly address within your blog. Please send me a message if you care to do so. I don’t see an e-mail for you listed on the site.
Best regards,
Brian
Vikram P
December 11th, 2008 at 5:30 pm
Dear Editor,
I work for Wikinvest, an investing wiki covering companies, concepts, currencies and commodities prices. Over the past month, I’ve been approaching top bloggers about the Wikinvest Wire, a traffic-boosting, invitation-only blogwire for finance and investing blogs.
We launched the Wire in early October and our 100+ Wire members have seen a significant jump in traffic and benefited tremendously from links to their blog showing up on other blogs and Wikinvest. If you’re interested in learning more about the Wire, do get in touch with me at vikram [at] wikinvest [dot] com.
Have a great day ahead!
Vikram
Bridget
December 12th, 2008 at 3:08 pm
I check every day for a new post. Nice to hear from you, hope all is well.
Linda Frauen
April 7th, 2009 at 5:29 am
Thanks for the great post Admin