Lara-Murphy Report – August 2018
The Lara-Murphy Report’s top priority is spreading the message of Austrian Economics, The Sound Money Solution and Privatized Banking, as described by R. Nelson Nash’s Infinite Banking Concept. There is no other economic report like it anywhere.
In this issue of The LMR…
THE RISE (AND FALL?) OF THE FED’S FLOOR SYSTEM – BY Robert P. Murphy
The Fed instituted a very important new policy in October 2008, which casts doubt upon the rationale for the bailouts. But this new approach may be unraveling.
CURRENCY CRASHES: THEY DO HAPPEN – BY L. Carlos Lara
Yes, the USD is currently on top, but It Can Happen Here. The laws of economics apply to the United States too.
THE REAL HISTORY OF THE PROGRESSIVE ERA – An Interview with Patrick Newman
Dr. Patrick Newman is an Assistant Professor of Economics at Florida Southern College and a Fellow of its Center for Free Enterprise
And there’s more… Read the entire Lara-Murphy Report here: LMR Aug 2018 – IBC News
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About the Authors:
L. CARLOS LARA is CEO of United Services and Trust Corporation, a consulting firm specializing in business advisory services with a primary focus on working with companies in financial crisis. His background in capital formation and business rehabilitation makes him a
regular speaker at credit and business conferences. In 2010 he co-authored the highly acclaimed book, How Privatized Banking Really Works with economist Robert P. Murphy.
He is a co-creator of the IBC Practitioner Program for financial professionals and sits on the board of the Nelson Nash Institute.
ROBERT P. MURPHY is Research Assistant Professor with the Free Market Institute at Texas Tech University. He is co-author of How Privatized Banking Really Works. He is the author of Choice: Cooperation, Enterprise, and Human Action (Independent Institute 2015) and co-host with Tom Woods of the popular podcast Contra Krugman.
Murphy has a Ph.D. in economics from New York University. After spending three years teaching at Hillsdale College, he went into the financial sector working for Laffer Associates. With Nelson Nash, Carlos Lara, and David Stearns, Murphy is co-developer of the IBC Practitioner Program.
The Nelson Nash Institute exists to educate and inspire individuals to take control of their financial lives by reclaiming the banking function from outsiders.
Thanks for reading!