Comments (5)

• Eric

  Wow, those were great! Please have more.

  I especially liked the FED learning by doing, with their doing every 6 weeks, but learning only every ten years how wrong they were lol.
  

  Published: October 13, 2008 9:11 PM

• Eric

  Wow, those were great! Please have more.

  I especially liked the FED learning by doing, with their doing every 6 weeks, but learning only every ten years how wrong they were lol.
  

  Published: October 13, 2008 9:12 PM

• Caveman (intellectually-speaking)

  I love Shostak. He has no ego. He just calls it like he sees it and he's right.

  Published: October 14, 2008 12:18 AM

• dunbrokin

  I am sorry to have to say this, but I find Jeff's series of discussions to be very irritatiing. I listen to all the Mises podcasts and probably have not missed one in 3 years or so....However I refuse to listen to any more of Jeff's. Why, they are too fawning and indulgent of the person being interviewed. Jeff should take the best anti case for the person being interviewed and put them through their paces....this namby pamby baby food approach does not do any service to Jeff's ability or to the intellectual ability of the person being interviewed. More gad-fly and less adulation....our ideas need to be battle tested. If Jeff were to raise the questions that a reasonably intelligent dinner guest would raise and then hear the interviewee demolish this view, then we all would have something to take away and use. Sorry to be so negative...but we need more ammunition for battle...not more ra ra.

  Published: October 15, 2008 2:22 AM

• eric lansing

  "More gad-fly and less adulation"

  **************

  -"In fact, since a large chunk of credit was created out of "thin air" there is high likelihood that it will evaporate back into "thin air." It seems to us that against the background of rapidly deteriorating real fundamentals the Fed will be forced in the not too distant future to reverse its stance, thus setting in motion the inevitable liquidation of various artificial forms of life that currently comprise bank balance sheets."

  - Frank Shostak, 3/29/2004

  http://mises.org/article.aspx?Id=1480

  
  kinda hard to not admire that

  Published: October 15, 2008 9:12 AM