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Podcast: Wealth Formula Podcast
Episode: 219: Macrowatch with Richard Duncan!
Description: When in Rome, do as the Romans do. If we follow that advice, what do we do in an economic environment like today? Austrian economists would tell us to stop printing money and to keep the Fed out of the bond market. If we did that, we would go into a depression. No one denies that—not even the Austrians. The disagreement is on whether or not it's the right thing to do for the long term. The bad news for the Austrians is that they are grossly outnumbered and we do not live in a gold-backed world. We live in...