John O'Donnell interviews Dr. Walter Block the award winning Dean of Austrian School Economics from Loyola University in New Orleans and Mises.org fame. We discuss the challenges to our global mess and Austrian solution put forward by Mises, Hayek and Rothbard. Visit WalterBlock.com for indepth writing on these topics and for free PDFs on his 900+ articles. Walter gives his critique of the inflation v deflation debate and it’s impact on the global credit and equity markets. Walter explains why fractional reserve bank is not a fix, and why we need to return to gold standard. Walter opines on the Euro mess and how to fix it.