get on board with his calls we've heard people say hey that's just crazy talk luckily author jeffrey tucker is here to break down how exactly the economy would work without a central bank very exciting let's get to today's capital account. so people are pretty optimistic about these new u.s. jobs numbers that came out showing unemployment tick down point two percentage points to eight point three percent lowest in three years but is even u.s. president barack obama said these numbers will go up and down so i want to take a look at the bigger picture and some of the downside of this report lucky for you i've got some numbers to throw up so the long term unemployed that's longer than six months was very little changed at five point five million this stunner for me that accounts for forty two point nine percent of the unemployed that's a big number now the number of people employed part time for economic reasons that was little change that's eight point two million now these are people who were working part time not because they want to take some time off but because their hours have been cut

so mr jeffrey tucker mr whiskey and gunpowder are wildcats still as wyoming the only ones who are here again not while they're in the defense of bacon at least they produce local problems that were solved locally and now we have national and international problems that are solved in this interim out of there never solved it along and agree. to be far preferred and we have to look at what caused those banking firms were at least they went bankrupt you know i mean this is part of the free market is that you not only make profits make losses too so we need a system of banks do can and do go belly up bankruptcy can be a sign of a healthy functioning progressing economy but those while there are a lot of consequences where hurts yeah but leash a very complicated when you're really sick sometimes you have to carry but at least if you have competition you have honor of working towards excellence in service of the customer you know over time the markets are never straight move forward all the time but you're the one who's also very influenced at the time by all these kind of railroad records t

oh money printing songs and on on this friday that was at a debate between jeffrey tucker and dean baker another one of our guests about the fed they were both on our show that week and we talked about the debate and so someone asked us where can we see the debate between tucker and baker now we were there we filmed it we played some sound bites but seeing as there's an appetite for more we're going to put together about fifteen minutes from the debate will put it on our you tube channel next week so look for it hopefully monday you can go to youtube dot com slash capital account if you don't know but you should know because you should be a subscriber because the best way to stay in the loop of capital account ok this comment made me want to address an issue that often comes up they said lauren was in a hurry to interrupt the guy when he started speaking positively about nuclear energy so this was an interview i did with the rockwell and people often think oh you cut someone off because of some nefarious reason we're really guys i just have to break down that i have a hard break that i h

will film your song and it gives everybody something to look forward to cause you will hear us jeffrey tucker about the the fed. all right it's friday and it's been a while since i've been able to respond to you though i do on twitter quite regularly but i want to do a more formal response we received one long scathing e-mail of criticism i can't read the whole e-mail but i did want to respond to a few pieces and emailed and said alona has repeatedly had anthony randolph go on her show as an economic expert it drives me nuts he views things the same as warren lister through the same lens as a wall street broker it makes me crazy because every time i see him i hear him complain about the government keeping the interest low lauren lyster has made this same argument now i can't speak for anthony randolph but maybe you know we'll get a chance to hear from him but as for me first if this person thinks i see things through the same lens as a wall street broker then i don't know how much she's seen of the show because i don't think you hear wall street complaining too much about low interest rates y

show it's always such a pleasure to talk to you and i can't wait to see you friday night debate jeffrey tucker i will be there good to be debating him in washington we'll have him on the show friday to be defending the there will be honest here they really made it very railing against it thanks for being on the show that was dean baker he is an economist he is also a co-director at the center for economic policy research. and still ahead joe weisenthal thinks a virgin retirees should quit whining about lousy interest rates he and capital accounts dimitri kofi anan will battle it out but first your closing market number it's. funny it's technology innovation all the latest developments from around russia we've got the huge earth covered. welcome back capital account viewers our friend joe weisenthal a business insider has a message for you let's look at it he says dear savers and retirees stop whining about those lousy rates you're getting from the bank he goes on he says sorry but it's time we took on one of the most sacred cow demographics in the world savers specifically we're going to addre

show it's always such a pleasure to talk to you and i can't wait to see you friday night debate jeffrey tucker i will be there good to be debating him in washington we'll have him on the show friday to be defending the will be honest here with me and i was very railing against it thanks for being on the show and that was dean baker he is an economist he is also a co-director at the center for economic policy research. and still ahead joe weisenthal thinks savers and retirees should quit whining about lousy interest rates he and capital accounts dimitry kofi anan will battle it out but first your closing market number as. it were just put a picture of me when i was like nine years old until she told the truth. i'm a confession i am a total ghetto princess i love driving hip hop music loud and pretty. but it was kind of a bit yesterday. i'm very proud of the world without you she has played. oh oh oh oh. oh oh. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you th

. >> tucker, i have to mention you said you would vote for jeffrey domer over president obama. >> yes. >> i don't know if you are aware of this, but jeffrey dom -- domer was a cannibal that murdered people. >> and he was beaten to death with a mop in the men's restroom. >> obama has murdered no boys. >> and i may be guilty of a mild over statement. >> and lastly i am almost done here, but i took offense to the fact that i am not doing anything march 1st to the fourth. i will be at harvey's comedy club. back to you, andy. >> thank you. nice job. >> coming up, the excitement builds. will he go through with it? we will find out after this. >> one of the top 10 jobs that makes the world the best place. based on this tape i wonder if one is a fast today worker. you are watching "red eye" on fnc. stick around. >>> does it cost a lot of cash to keep your mustache? bearded bros think so of the the american mustache institute says they are planing a million dollar mustache march. it is part of their campaign to convince lawmakers to create government incentives to grow facial hair. they want a