During this second installment of Dennis McCuistion and Terry Brock’s interviews with guest speakers from Freedom Fest, we hear from Fred Foldvary, Ph.D.

During Dennis McCuistion’s spotlight interview with Fred Foldvary, PhD, a Santa Clara University economist who predicted the current depression, Foldvary comments:

“the credit expansion fueled the real estate expansion… Real estate is still falling. We increase the money supply, higher inflation and BOOM- we’ve not learned our lesson right yet. The next crash will be a lot worse, and the government is tapped out- so can’t bail us out.”

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Stay tuned for more from Freedom Fest!

Thanks for joining us,

Niki Nicastro McCuistion
Executive Producer/Producer
The McCuistion Program

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Freedom Fest, an annual festival where “free minds meet” to celebrate “great books, great ideas, and great thinkers” in an open-minded society, was founded and is produced by Mark Skousen (who’s been a guest on our program). Freedom Fest invites the “best and the brightest” from around the world to talk, strategize, socialize, and celebrate liberty.

Dennis McCuistion, Host of the McCuistion program, and Terry Brock, professional speaker and marketing coach, with an emphasis on optimizing technology, recently attended the 2009 Freedom Fest event, in Las Vegas. Attendees and speakers read like a “who’s who” of economists, CEO’s and thought leaders. This year’s focus, as you might expect, was on the economy.