fiat

Jason Erb’s refutation of Tom Woods’ “Why the Greenbackers are Wrong”

On the January 5, 2014 episode of Exposing Faux Capitalism, I provided a two-hour refutation of Tom Woods’ 2013 presentation paper, “Why the Greenbackers are Wrong.“ Here are some highlights: “(2) that fiat money is just fine as long as it is issued by the people’s trusty representatives instead of by the Fed“ - It’s […]