David Stockman Interview By Tom Woods: "The Fed Has Ruined The Heart Of Capitalism"

"We are in trouble because the GOP doesn't get it. The so-called conservative party fails to understand that the Fed has ruined the heart of capitalism, which is honest capital markets....free money is not helping Main Street which has too much debt already, but is a pure gift to speculators. The Fed runs everything; it has pegged, manipulated, medicated and manhandled the entire financial system. There is not an honest interest rate left....."

http://davidstockmanscontracorner.com/audio/woods033114.mp3

Produced and originally posted by The Tom Woods Show.

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