Lew Rockwell discusses his recent talk at the Future of Freedom Foundation conference about modern wars’ dependence on inflation by the Federal Reserve, how the Fed fueled WWI to help the Morgan empire, why governments prefer to debase a currency rather than tax or borrow, how the Fed not only inflates the currency but redistributes wealth from the poor to the politically-connected rich, creates the booms and busts of the business cycle, and makes the warfare state possible, the government’s corruption of language to hide it’s crimes, importance of Austrian economic thought and how all acts committed by the state would be crimes if carried out by regular citizens.

MP3 here. (44:04)

YouTube here.

Lew Rockwell is the founder and President of the Ludwig von Mises Institute in Auburn, Alabama, Vice President of the Center for Libertarian Studies in Burlingame, California, and publisher of the political Web site LewRockwell.com. He served as Ron Paul’s congressional chief of staff between 1978 and 1982.

Jacob Hornberger, founder and president of the Future of Freedom Foundation, discusses the upcoming “Restoring The Republic: Foreign Policy and Civil Liberties” conference on June 6-8 in Reston Virginia, why libertarianism ought to be the real center of Left and Right, how libertarian views are those of the founders and the only hope to save America from statism and empire, the importance of habeas corpus in a free society, the backgrounds of the conference speakers and the problem of conservative state worship.

MP3 here. (41:25)

Jacob Hornberger is founder and president of The Future of Freedom Foundation. He was born and raised in Laredo, Texas, and received his B.A. in economics from Virginia Military Institute and his law degree from the University of Texas. He was a trial attorney for twelve years in Texas. He also was an adjunct professor at the University of Dallas, where he taught law and economics. In 1987, Mr. Hornberger left the practice of law to become director of programs at The Foundation for Economic Education in Irvington-on-Hudson, New York, publisher of The Freeman and Freedom Daily. Fluent in Spanish and conversant in Italian, he has delivered speeches and engaged in debates and discussions about free-market principles with groups all over the United States, as well as Canada, England, Europe, and Latin America, including Brazil, Cuba, Bolivia, Mexico, Costa Rica, and Argentina. He has also advanced freedom and free markets on talk-radio stations all across the country as well as on FOX New’s Neil Cavuto and Greta van Susteren shows. His editorials have appeared in the Washington Post, Charlotte Observer, La Prensa San Diego, El Nuevo Miami Herald, and many others, both in the United States and in Latin America. He is a co-editor or contributor to the eight books that have been published by the Foundation.