Mr Douglas French How Banks Operate and How That Puts You at Risk 02/06/10 RFM

How Banks Operate and How That Puts You at Risk, with Mr. Douglas French, the President of the Mises Institute in Auburn Alabama (www.mises.org). Doug is a former banker who received his Masters Degree in Economics under Drs. Murray Rothbard and Hans-Hermann Hoppe. In this show Doug, with crystal clarity, provides the ABC’s of how Banks Create Money out of Thin Air and How This Process Creates the Boom and Bust Cycle.  This information SHOULD be common knowledge to every citizen but alas is not. You will want all your friends and family to hear this show. Hosted by Michael McKay along with Special Commentator Ms. Zoe Russell.

[audio http://radiofreemarket.files.wordpress.com/2012/06/rfm_douglas_french_final_020610.mp3]
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