Cobden Centre Radio

Cobden Centre Radio: Schlichter on the collapse

Most Cobden Centre supporters will be thoroughly familiar with Detlev Schlichter through his book Paper Money Collapse and his blog “The Schlichter Files”.  In this podcast I ask how it is that the collapse he predicted in the book has been averted.  Detlev explains how western governments have propped up their banks, how we have seen a massive change in the money creation process and how inflation expectations will act as the trigger for the final collapse.

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Cobden Centre Radio: Douglas Carswell MP on The End of Politics and the Birth of iDemocracy

Are democracy and sound money incompatible?  Many people think they are but Douglas Carswell, MP for Clacton, begs to differ.  Indeed, he has begged so much that he’s produced a book: The End of Politics and the Birth of iDemocracy.

In this podcast we discuss how debts are undermining Western civilisation, the significance of unequal taxation and how iDemocracy most definitely does not mean voting by computer.  And, oh yeah, what is the difference between a metaphor and a simile?

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Brian Micklethwait on propaganda

In this podcast, Brian and I discuss the difficulties in making the case for Austrian economics, the difficulties in reading the case for Austrian economics, the importance of the term “Austrianism”, how things are going and how best to deal with socialists (answer: agree on the problem: disagree on the solution).

We also manage to get into a bit of a pickle over whether TARP and the Stimulus were Keynesian or Monetarist. If there are members of the commentariat who could enlighten us we would be grateful.

Here is a link to Brian’s piece on the importance of being Number Two.

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The music featured in this podcast is from Kopeika, by et_.

Cobden Centre Radio

Cobden Centre Radio: John Butler on the coming gold standard

In the latest podcast I talk to John Butler, Chief Investment Officer of Amphora, about his new book, The Golden Revolution, in which he argues that we are to see the return of the gold standard. In doing so we discuss the end of the gold standard in 1971, subsequent economic history, the importance of the BRICs and touch on the end of the United States as the global super-power.

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The music featured in this podcast is from Kopeika, by et_.

Cobden Centre Radio

Cobden Centre Radio: The Swiss gold franc

Last night I spoke to Herr Thomas Jacob, of the Property and Freedom Society, from Zurich Canton, in Switzerland. We spoke about his plans — along with Doctor Ulrich Schlüer and their action plan committee — to employ the radical democracy avenues of Switzerland to achieve a Swiss gold franc currency, parallel to the Swiss government’s current paper franc.

In this twelve minute interview we cover the background of the story, in which the action committee plans to implement constitutional change via the mechanism of a national plebiscite — this will be triggered via the collection of 100,000 signatures — and the precise framework of what the action committee proposes:

In the show we also mention a recent Jim Rickards interview on Kingworld News. You can find that interview via this link.

The campaign for a Swiss gold franc has largely been an internal Swiss affair. However, in the interview Thomas Jacob stated that his committee will shortly provide an international contact point for anyone interested in his action committee’s plans. That contact point will appear within an updated version of this Cobden Centre Radio article, when it becomes available.

In the meantime, you can find a recent article on this issue by Herr Jacob, here (in German) and an English Google tranlation of that, here.

UPDATE: There is a better English version, translated by Theodore Deden, here.

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Cobden Centre Radio: Europe’s Deep Freeze of Debt

In this latest Cobden Centre Radio programme, I interview Professor David Howden, a member of our Advisory Board, about his new book, Deep Freeze: Iceland’s Economic Collapse, co-authored with Professor Philipp Bagus.

Amongst other subjects, we fly south from Iceland down to Ireland, then compare how these two North Atlantic islands are coping with their respective economic crises, before Howden considers Portugal, Greece, and Spain, and how the fate of these nations may be tied to the immediate fate of the Euro, by weighing up the latest evidence from an Austrian perspective:

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Cobden Centre Radio: Toby Baxendale on Hayek and Private Currency

F. A. Hayek

Toby Baxendale was recently interviewed by Dave Birch of Consult Hyperion. The interview talks about both the goals of the Cobden Centre and Hayek’s beliefs about competing private currencies as a pathway towards honest money and how this might be achieved via digital technology.

We thought you might like to hear this 26-minute interview, on Cobden Centre Radio:

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Cobden Centre Radio: Brian Micklethwait interviews Detlev Schlichter

Brian Micklethwait speaks to Detlev Schlichter on his upcoming book, Paper Money Collapse: The Folly of Elastic Money and the Coming Monetary Breakdown.

As a derivatives trader for 19 years, Detlev Schlichter resigned his position as a senior bond portfolio manager in 2009 to work full-time on this book, about fiat monetary systems and financial crises. He therefore knows of what he speaks. In this extensive and detailed interview, he explores with Brian Micklethwait what we should do to get our current financial problems behind us; this one really is worth listening to in its 35-minute entirety.

“Paper money systems are unstable and so is our system.  It will end.  It will most likely end badly.  It will most likely end soon.”

Speaking from a heavily-influenced Austrian position, Herr Schlichter examines what would happen if we did the ‘right’ thing by turning off the Keynesian money printing spigot — and exposing all of those malinvestments — and what might happen if we keep going into the Götterdämmerung of the fiat money system with the ‘wrong’ thing, by allowing the spigot to pump even faster.

“Paper money systems have always collapsed in history. None of them have survived. And our system is really not that old. It only became a complete one hundred per cent paper money system in 1971, when the dollar became an irredeemable piece of paper. Central banks could still convert it into gold until 1971.”

Amongst many other sub-plots, debating the relative influences of Hayek, Mises, and Rothbard, there’s also a fascinating sub-discussion about the role of paper money in the collapse of the medieval Chinese empire, which allowed the later domination of China by the western powers of Europe, such as Portugal and Britain.

For those interested in the work of Herr Schlichter, and up-to-date comments upon an unfolding global financial situation, you can find his personal web page, here.

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Cobden Centre Radio: The Philipp Bagus Interview

Today, on Cobden Centre Radio, I speak to Professor Philipp Bagus, the author of The Tragedy of the Euro, about his book, his current views on the future of the Euro, his discovery of the world of Austrian Economics and his emergence into its academic mainstream, plus much more, in a 25-minute interview.

We also discuss his upcoming Murray N. Rothbard memorial lecture, at the Mises Institute’s Austrian Scholars Conference, the publication of his new book on Iceland, in conjunction with Professor David Howden, and how the revolutions in the Middle East will be used as good coverage for price inflation by the world’s central banks, and why this argument will be easily seen as spurious.

The books mentioned in the interview can be downloaded from the following sites:

The Two IMF papers mentioned in the interview can be downloaded as PDFs by clicking through the following links:

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Cobden Centre Radio: The Sam Bowman Interview

Brian Micklethwait speaks to Sam Bowman, the Research Manager at the Adam Smith Institute (responsible for the blog and for overseeing the ASI’s briefing papers, think pieces and reports) and also our Education Network Executive Director, here at the Cobden Centre.

Brian explores Mr Bowman’s personal road towards Austrianism, his work for the Cobden Centre expanding the knowledge of Austrian Ecomomics via the various reading circles and educational events that he organises and runs, and his ideas for the future expansion of this network.

In a fascinating and interesting interview, Brian and Sam also debate the conflict between statism and libertarianism in the media; the cultural milieu of Britain, where an organisation like the Bank of England — which is as statist as the NHS — can be so easily held up as a symbol of capitalism by its enemies; and many other similar topics, such as the recent financial developments in Ireland and the recent political developments in the Middle East.

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