Ending the Monetary Fiasco and Returning to Sound Money

The 2009 Ludwig von Mises Memorial Lecture, presented by Thorsten Polleit. Recorded at the annual Austrian Scholars Conference, Ludwig von Mises Institute, 14 March 2009. Includes the presentation of the 2009 Lawrence Fertig Prize, and and introduction by Joseph T. Salerno. Also includes closing remarks by Douglas E. French.

Duration : 1:11:24


Technorati Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , ,

22 Responses to “Ending the Monetary Fiasco and Returning to Sound Money”

  • MrBestVid says:

    FreeAccz. info

    FreeAccz. info
    just send me my free amazon voucher

  • SexyBambii91 says:

    wär echt cool wenn …
    wär echt cool wenn jemand mich vor meinen einsamen dasein retten würde

  • SvrchovaneCechy says:

    Short message is …
    Short message is this: Society can not sustain exchanging nothing (fiat currency in all its forms) for something indefinitely. After bigger and bigger bubbles comes inevitable crash, revolutions and wars which can either improve situation and reset free markets or make it worse and bring totalitarianism. Without getting rid off banking cartel and reseting gold standard asap, history will repeat itself.

  • Krampfarsch says:

    im german and i …
    im german and i guarantee you: they dont.

  • CaGgP says:

    the most amazing …
    the most amazing thing is that Mises describes in a sinthetic way the housing and stock bubbles, more than 60 years before they had happened.

  • StandUp555 says:

    Excellent …
    Excellent presentation .. thankyou.

    Let’s hope the current German Govt. understands the “Austrian” language !
    ;-)

  • painisanillusion7 says:

    Very well presented
    Very well presented

  • fiatno says:

    A more accurate …
    A more accurate translation of the last sentence:

    Best thing is for man
    well understood and acute
    silent, but can chat,
    and to draw sensible,
    to speak what is not appropriate,
    when they could be silent
    or think of what you speak,

    or keep quiet, pretend to be voiceless.

    “The Book of Good Love”, Archpriest of Hita (XIII century)

  • marxbitesall says:

    No ONE is telling …
    No ONE is telling the REAL truth except for Mises.

    Not Govt, Not Media & certainly NOT the socialist bastion of Academe – where our suited puppets in Govt learn how to retell old lies of the Keynesians & central planners.

    Mises has 7 TB’s of free mp3 lectures, republished OOP books, and so much scholarship and logic against the stupid-like-a-fox bankers/FED and thegovt they run with the purse strings that has caused ALL economic panics and wars for private profit at public expense. FTWTB!

  • dmw2323 says:

    Very well …
    Very well articulated, in easy to understand format for all to learn. ‘Thank You’ Mr. Poleitt and Mises Institute for providing this thoughtful presentation. Regards.

  • NoCryingNowYes says:

    34:12 omg
    34:12 omg

  • wrdjunk says:

    GoogleTranslation: …
    GoogleTranslation:
    Best thing is for man
    well understood and acute
    silent, but can chat,
    and to draw sensible,
    to speak what is not appropriate,
    when they could be silent
    or think of what you speak,
    or street fíngete dumb.
    “The Book of Good Love”, Archpriest of Hita (XII century)

  • gtao22 says:

    “Hopelessness is …
    “Hopelessness is the only unforgivable sin” M.Achard. But where do we invest hope? If we invest it in any kind of man made thing or institution destined to corruption & death, whether government, wealth, science or religion, we will never experience the infinite spirit, only pale reflections. I don’t have anything against them, it’s just the way it is. Sobriety of mind & hygiene is the ground of hope, only then the flower of mindfullness can grow. A long way to go to become true human beings.

  • catouski says:

    This scholar’s …
    This scholar’s excellent work must be shared with as many people as possible. It is vital to our future! Please help others understand these concepts.

  • Jaycephus01 says:

    “Our government …
    “Our government fiat money violates our private property rights”

    Great line!

  • Klarkster says:

    5. “Centralisation …
    5. “Centralisation of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly”.
    1848: Manifesto of the Communist Party: Chapter 2
    31:50

  • Macno76 says:

    I want the right to …
    I want the right to CHOOSE my money and I prefer GOLD!

    A compulsory international fiat-money-standard is gran theft to the public.
    Let Gold and Silver freely compete with Euro, Dollar, Yen etc.

    Bavaria4RonPaul

  • rorejasazvi says:

    Mejor cosa es para …
    Mejor cosa es para el hombre
    bien entendido y agudo
    callar, aunque charlar pueda,
    y que le llamen sesudo,
    que hablar lo que no conviene,
    cuando estar callado pudo
    o piensa bien lo que hablas,
    o calla, fíngete mudo.
    “El libro del buen amor”, Arcipreste de Hita (siglo XII)

  • DevBlazed says:

    “It is better to …
    “It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt.” -Twain

  • fagan411 says:

    Thanks Mises!
    Thanks Mises!

  • MS1719ms says:

    “The germ of it’s …
    “The germ of it’s own destruction”! That statement sum’s our economic situation up very well. Thanks for the video

  • RonPaulWI says:

    You can’t do that …
    You can’t do that it just makes to much common sense!

Leave a Reply