Gyroscopic Investing

This is a great video of a young (mid-30s) Harry Browne summarizing the problems that governments cause with their inflationary policies.  I thought it was interesting to watch him display his familiar razor-sharp intellect in much younger days.

This video was from 1970, so Browne's predictions about wage and price controls are especially impressive in light of Nixon's behavior in 1971.

http://www.youtube.com/watch?v=mkVGTx92Ka0

Beautiful.

Thanks for posting.

If you want 20 hours of that sort of thing from 1967, buy the CD set.  It's awesome.

I am more impressed with Mr. Browne every day. It is a shame that he never became our President!

MediumTex wrote: Beautiful.

Thanks for posting.

If you want 20 hours of that sort of thing from 1967, buy the CD set.  It's awesome.

I find it a shame his wife decided to list it for sale at $100. That's prohibitively high for what it is, in my mind. I'd think Harry would want that information to go out for free or at the very least, for a very low price to ensure a larger audience hears it.

At $100 it seems to be a profit-maximizing goal, rather than an audience maximizing goal, which is what I believe HB would have intended.

Reub wrote: I am more impressed with Mr. Browne every day. It is a shame that he never became our President!

100% agreed.  I remember hearing something about a guy at my office in 2000 voting for a "Harry Brown" (or is that "Browne" with an "e"?) and vaguely wondering why he would "throw his vote away" on "some guy".

Needless to say, I think differently now.