In our third Cobden Centre Radio show, Brian Micklethwait spends a full hour interviewing Toby Baxendale about his plan for monetary reform in the United Kingdom:
This interview is divided into a pair of related segments:
- Toby answers Brian’s first question about ‘What has been going on?’ in the last 200 years of Britain’s evolving monetary system — Up to 38 minutes
- Toby answers Brian’s second question concerning ‘What can we do about it?’, to turn our smoke-and-mirrors centrally-planned monetary system into an open honest free-market monetary system — 38 minutes and onwards
This comprehensive interview was originally recorded before the general election, this year, and later released onto Brian Micklethwait’s own blog on August the 27th.[As the interview was carried out at Toby’s place of business, there is some background factory plant noise in the second half of the programme, but this is the sound of productivity at work, so all good Austrians should find it comforting rather than intrusive.]
Once again, I would like to take this opportunity to thank Mr Micklethwait for allowing us to re-broadcast both volumes of his biathlon interview session with Toby.
If you missed the previous episodes, you can catch up with them through the links below:
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Where can I read more about your proposed banking reform. I am curious what happens to a banks currents loans – mortgages in particular. I’m wondering how those loans are matched to timed deposits matching the period (remaining) i.e. 15, 20, 25, 30 years.
Pension Funds and Life companies who invest long (for life) should be the counter mortgages of this length.
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