Navigating the Financial Markets with an Austrian Compass
Sunday, July 11th, 2010 at
5:56 pm
Presented by Kevin Duffy at “Austrian Economics and the Financial Markets,” the Mises Circle in Manhattan on 22 May 2010 in New York, New York. Includes an introduction by Mises Institute president Douglas E. French.
Tagged with: austrian • banking • Bernanke • Circle • debt • depression • Duffy • economics • Fed • federal • financial • Institute • interest • investing • kevin • Ludwig • markets • Mises • money • rate • recession • Reserve • selling • short • von
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Great stuff.
Great Logic! So proud to be an Austrian
Thanks for uploading these, much appreciated!
When QE was used during 2009 I was saying to people: ‘this is to induce the private sector to buy into sovereign debt because that is where inflation has pushed up returns artificially with QE buying government debt. This means the returns will disappear. Indeed QE will make a sovereign debt bubble, people will buy into the Ponzi scheme, and you ought to stay out for safety.’ Friends retorted with: ‘we have no money to invest, like you Will!’ But at least I understand how glut investment arises!
Bernanke… hhaahhah what a joke. I laugh every time I see his name. But notice he’s not in the news any longer, they’re trying to cover up the Fed I think, especially where the motion to recommit the HR 1207 provisions to the Regulatory legislation failed.
But eventually, the whole system will collapse, the dollar will fail. Banks will extract the wealth from the nation just as in Argentina.
Ii’s pretty cool that Mr. French studied under Murray Rothbard. I’m just getting through “The Case Against the Fed” and I really like it. I especially enjoy how well Rothard analyzed the power structure in politics, business and finance.
Talk begins at 1:20
Arer they ever going to fix that lamp???
Diving me nuts…
@deadman12078
Here I was thinking that I was the only one … staring at that semi-broken lamp.
@deadman12078 misesDOTorg/donate.aspx
This is the reason why im not just into Austrian economics but why i love it. I want to be able to invest my money in the market but to also have the wisdom in how to do it. Good speech, little bit nervous at points but still good.
Also i want to hear that Marc Faber talk. I love Marc
@DenmarkRadar I know people who chronically straighten pictures on people’s walls when they visit, because it’s so distracting.
Thank God for the Mises institute for teaching us the truth about why this happens.
I’m not well versed in economics, but the more I watch this channel, the more I think the Austrian school is just the economic school for people who know their ass from a hole in the ground. Thanks for posting these videos.
I’m no economist, but I saw the mortgage crash coming. Prices for houses were ridiculously inflated. People were buying multiple homes to flip with zero equity. Interest rates stayed near nothing. Barney Frank and that group of idiots were strongarming banks to make horrible loans. I sold out in 2007, maxed out my return on equity, and got rid of my US holdings. I’m a civil engineer by trade….Why couldn’t the supply siders see it coming? The answer is, they did, but they didn’t care.
Can’t we just pass some laws that require all stocks, bonds, and housing prices to go up forever? With smart enough regulations and even smarter people running government it should work. Look at FDR, he got us out of the Great Depression after a decade or so and only one war. America, if we could do it then, we can do it again!
marc faber spoke? is this the speech that was posted about a month ago? or has he given another talk?
@eagleeye1975 “Talk begins at 1:20″
This is the highest rated comment – clear proof that in a free market consumers can efficiently and easily receive “consumer protection” via private product reviews. 15 thumbs up means at least 15 people saved 1:20 of their lives, which would have probably never happened if there was a “Department of Avoiding Boring Prefatory Remarks” (USDABPR).
@strongbadXCP LOL