How Savings Can Restore Prosperity
(Audio) NEW ORLEANS, La. – Mike Church has been reading lots of economic classics like "Human Action" (von Mises), "Economics in 1Lesson" (Hazlitt) and"The Wealth of Nations" (Adam Smith). Mike is convinced that most of our current downturn in small business can be reversed by eliminating Federal Agencies, flattening and lowering the tax rate, putting The Federal Reserve out of business and letting banks and/or the free market set interest rates which will undoubtedly cause a spike in savings rates and thus savings. this is what is needed for a rebound to be possible: capital in the form of savings.
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