Charles Goyette, former Antiwar Radio co-contributor and author of The Dollar Meltdown : Surviving the Impending Currency Crisis with Gold, Oil, and Other Unconventional Investments, discusses his article, “Too Late! The Government Already Did Do Something” at lewrockwell.com; how government-imposed wage and price controls lead to shortages and eventually black markets; the producer pricing pressures that are overlooked when limits are set on the price of finished consumer goods; and Ludwig von Mises’s reminder to keep the monetary system out of government hands.
MP3 here. (20:30)
Charles Goyette was a longtime award winning morning drive-time radio host from Phoenix, AZ. He is a libertarian commentator, who is noted for his outspoken anti-war views, his opposition to the war in Iraq, and his economic commentary. He is the author of the book The Dollar Meltdown: Surviving the Impending Currency Crisis with Gold, Oil, and Other Unconventional Investments.