This is one that you shouldn’t miss.
One great quote:
We didn’t need a central bank when we were on the Gold Standard people would buy and sell gold and the markets would do what the Fed does now. . . but by the 1930s most everybody in the world decided that the Gold Standard was strangling the economy and universally the Gold Standard was abandoned…you need somebody out there or some mechanism to determine how much money is out there because the amount of money in an economy relates to the amount of inflation…
Also, if you’re poor, you should at least learn to laugh about it. And… I need to get some mentally ill money:
Yeah he’s a funny guy allright. I real riot. Hope he loses everything.