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What caused the financial crisis?

G
GoldMoney

5 Views • May 01, 2011

Description

View the full 28-minute interview at http://www.goldmoney.com/huerta-de-soto-interview. In this video, Jesús Huerta de Soto, Professor of Political Economy at Rey Juan Carlos University, Madrid, outlines how central banks caused the financial crisis. He explains why fractional reserve banking causes economic problems, and why artificially-low interest rates are a bad idea.

Keywords & Tags

#gold #standard #central #banks #fractional #reserve #banking #Jesús #Huerta #Soto #sound #money #video

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