Money, Banking and the Business Cycle
Jul 02, 2005
This course will help you understand the relationship between money, banking and the business cycle. Dr. Simpson will argue that the business cycle is caused by the government's violation of individual rights in the monetary and banking systems. To eliminate the business cycle, he will argue, the protection of individual rights must be restored in money and banking. The course will cover a number of topics, including: the effects of money and the banking system on the economy, the Federal Reserve and how the Fed creates greater instability in the economy, the nature and effects of inflation, historical examples of the business cycle, and more. Dr. Simpson will argue that freedom in money and banking would lead to a gold standard and the greatest stability that is possible in the monetary and banking systems.