Charles Goyette, author and former Antiwar Radio co-contributor, discusses his upcoming new book Red and Blue and Broke All Over: Restoring America’s Free Economy; the “cocaine theory” of economic stimulus; why the bond market bubble – the biggest one yet – has to pop someday; how the US dollar’s weakness is masked by the simultaneous devaluation of all the world’s fiat currencies; why the first major country to institute a gold-backed currency will dominate global finance; why it’s no coincidence the most innovative, cost-competitive industries have the least government intervention; and why economic central planning in a country of 300+ million people is doomed to failure.
MP3 here. (32:45)
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.