Ep. 112: Arthur Laffer vs. Milton Friedman on Fixed vs. Floating Exchange Rates
Description
Bob uses a recent Hoover Institution interview of Arthur Laffer to explain the debate between fixed versus floating exchange rates. Back during the classical gold standard, there was a sense in which the entire world used one money. This could be our future with Bitcoin or another cryptocurrency.
Related:
- https://www.youtube.com/watch?v=joSS0_hdUo4
- https://cdn.mises.org/understanding_money_mechanics_ with_cover_image_attached.pdf
Watch the video version of this episode here: https://youtu.be/eWufI1X47RE
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