In this episode of the Lions of Liberty Podcast, host Marc Clair is joined by Hunter Lewis, co-founder of AgainstCronyCapitalism.org, and author of two new books, Crony Capitalism in America: 2008-2012 and Free Prices Now!: Fixing the Economy by Abolishing the Fed. They discuss the important distinction between true capitalism and "crony capitalism", and how corporations like Goldman Sachs, General Electric, and Monsanto use government to their benefit. We then examine how the Federal Reserve system serves to enable crony capitalism, and why the Fed being the largest holder of U.S. debt is so dangerous.
November 18, 2013