This week Host
Dave Hamill relates the story of how he got interested in the Just Third Way
and Capital Homesteading. As a special
bonus, he’s also trying out a new segment that he calls “Plutocracy Story of
the Week.” This first one is about former
Federal Reserve Chairman Paul Volcker's interview with the New York Times about his just-released new book, Keeping at It: The Quest for Sound Money and
Good Government. Volcker says we are
becoming a plutocracy . . . which comes
under the heading of “everything old is new again,” meaning this is hardly “news.”
In any event, Volcker’s solution is “better
government” to control the issuance of money backed by government debt, instead
of widespread ownership and a money supply backed by private sector assets.
instead of ownership. In other words, just keep on doing the same thing
that got us into the current mess in the first place, only do it better!
#30#
