Killer Summary of Austrian Views of Money, Banking and the Fed — Delivered in Congressional Testimony! | Liberty Classroom

Tom Woods writes…

Congratulations to Liberty Classroom’s Jeffrey Herbener, whose course for us on Austrian economics will be available to members next month, on his superb written testimony before the Subcommittee on Domestic Monetary Policy of the U.S. House of Representatives. The hearing takes place tomorrow, but the written testimony is available already.

I strongly urge you to read it. It is an excellent and straightforward summary of central banking, what a free market in money and banking would look like, what our current (non-market) system looks like, what causes booms and busts, how we should transition out of the present system, etc. And then join Jeff and all of us at Liberty Classroom!

via Killer Summary of Austrian Views of Money, Banking and the Fed — Delivered in Congressional Testimony! | Liberty Classroom.

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