Interesting interview, but without going down the path of who casued the housing bubble and how, the views of Sanders, and Ron Paul etc seem to sit in the Austrian school of economics - very much a small minority view of economic theory.
The Austrians, have come to the fore recently, not because they are right, nor that they have demonstrated they are right, but because they are one of the loudest critics of a system of currency and credit regulation and creation taht has provided the western world with outstanding growth of living std's over the last 30 years.
If i predict 2 of the 6 lotto numbers for monday night, I am not a guru or possesed of a sixth sense, i am simply lucky - if people started to follow me for making a one off correct prediction they would be stupid people, if I did it again, my few followers would no doubt consider me god like, instead of lucky again.
So where were all these Austrian followers and predictors in 1990, what about 95, 2000, 2005? A rise to prominence at the behest of the media looking for someone that gives them some sort of answer, does not make them right, nor likely to be around come 2015 - or perhasp they will still be shouting Bretten Woods Gold std from the rooftops in 2020 and predicting the total meltdown of the western world system........ who knows.....
