Our lead story: Six banks have agreed to pay a total of $4.3 billion to resolve allegations of foreign exchange manipulation. Of the six, Citi and JPMorgan have agreed to pay more than $1 billion a piece to resolve the currency probe. The deal indicates that the banks were engaged in activities designed to boost their profits by moving one the world’s largest markets, often times at the expense of their own clients. Erin weighs in.
Then, Erin sits down with David Henderson – professor of economics at the Naval Postgraduate School and research fellow at Stanford University’s Hoover Institution. David gives us his free market perspective on net neutrality and argues that income inequality isn’t always an issue for the government to fix.
After the break, Erin talks to Richard Ebeling – professor of ethics and free enterprise leadership at The Citadel. Richard tells us why Austrian economist Ludwig von Mises’ “Theory of Money and Credit” is more important than ever and gives us his taken on whether we’ll have another financial crisis.
And in The Big Deal, Erin and Edward Harrison are talking about job-crushing robots and recent changes at Twitter. Take a look!
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