Jake Towne’s Lecture on the Financial Crisis

October 1st, 2009 12:07 am  |  by  |  Published in Banking, Big Government, Debt, Economics, Federal Reserve, gold, inflation, Liberty, Money, national debt, Politics  |  0

Slides 4-36 of the below presentation have been presented to several groups around the district for educational purposes.  Although you are missing my critical narrative and explanations, I invite you to take a look.  If you do disagree or find something new, check my sourcing and citations.

While the hour-long presentation is of course only a snapshot, or a look at the critical pieces of puzzle, I emphasize the importance of the gold market, and view the housing crisis as merely a symptom of the causes – excess FED inflation and artificially low interest rates that were held too low for too long.  The irony is not lost that currently the FED interest rates is roughly 0.15%, far lower than previously.   In the interests of time and for simplicity, I omitted the Treasury market almost entirely – just a brief mention in the slide on the national debt.  The Treasury market is definitely also quite critical.

Jake Towne for US Congress PA-15 – The Financial Crisis (WEB) (Sept 2009)

Jake Towne for US Congress PA-15 – The Financial Crisis (WEB) (Sept 2009)

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