TFMR Podcast #30 - Detlev Schlichter, author of the book, Paper Money Collapse
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Earlier on Friday, I was able to visit with economist, author and blogger Detlev Schlichter.
Current events dictated that now would be the perfect time for me to introduce you to Detlev. With the re-introduction of overt QE and the impending American elections, there's a lot of talk currently about Keynesian economics and the supposed benefits of deficit spending and unlimited fiat creation. As a committed Austrian economist, Detlev does a brilliant job exposing the fallacies of these policies as well as highlighting their inherent dangers, not just to the global economy but to individual freedom and liberty, as well.
I'm confident that you'll enjoy this podcast (even though we had a brief, technical glitch at about the 7:30 mark). You should also give great consideration to buying Detlev's book. Read it yourself and then pass it along to friends and family who, as yet, fail to grasp that the end of the Great Keynesian Experiment is truly upon us.
Detlev Schlichter is an Austrian School economist and author. His book "Paper Money Collapse – The Folly of Elastic Money and the Coming Monetary Breakdown" was published by John Wiley & Sons in September 2011. Paper Money Collapse was named winner of the getAbstract 2012 International Book Award.
Detlev had a 19-year career in international financial markets, predominantly in investment management. He worked at J.P. Morgan & Co. (1990-1998), Merrill Lynch Investment Managers (1998-2001), and Western Asset Management Co. (2001-2009). During his career he oversaw billions in assets under management for institutional clients from around the world. He left the industry in 2009 to focus exclusively on his first book, Paper Money Collapse.
Detlev holds a degree in economics (Diplom-Ökonom) from Ruhr-Universität Bochum, Germany. He lives with his family in London. You can find Detlev's current wisdom at http://detlevschlichter.com/
Friday, October 19, 2012