The FED is currently printing money again. Was there a good reason for overturning the gold standard? Was the introduction of central banking necassary to prevent bank runs?
Archived from the live Mises.tv broadcast, this lecture by Tom Woods was presented at the Mises Circle in Manhattan: "Central Banking, Deposit Insurance, and Economic Decline." Oct 3, 2012
Full video, licenced under creative common: https://www.youtube.com/watch?v=h-PxMzSyujw
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