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Jorg Guido Hülsmann on coming Currency wars and Inflation


“Quantitative easing is designed to bail out the federal debt, but it may presage Weimar.Dr. Hulsmann discusses the evils of central banking and fractional reserves, the blessings of deflation, and how Austrian economists are making vast progress.”

Lew Rockwell interviews Jorg Guido Hülsmann.

Jörg Guido Hülsmann (born May 18, 1966) is a German economist and one of the leading modern-day proponents of the Austrian School, and was heavily influenced by Ludwig von Mises. He is a professor of economics at the University of Angers in France and is a senior faculty member of the Ludwig von Mises Institute.

Hülsmann has translated several English-language economics books into his native tongue, German. He has written scholarly articles in German, English, and French.

Hülsmann has written primarily on monetary theory and monetary reform issues, advocating a non-inflationary gold standard as the only way to control cyclical inflation caused by excessive bank credit creation and is one of the few economists to have written about the complex inter-relationship between money production and ethics.

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