TomWoodsTV, Released on 9/5/25

David Stockman, director of President Reagan’s Office of Management and Budget, discusses why he thinks the Ukraine war may truly be coming to an end, and also takes us through some of the history of the Federal Reserve, illustrating the growth of its powers and ambitions.

David Stockman is a former Republican congressman from Michigan and was President Reagan’s budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman’s Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America, Trumped! A Nation on the Brink of Ruin… And How to Bring It Back, The Great Money Bubble: Protect Yourself from the Coming Inflation Storm, and Trump’s War on Capitalism.

Thomas Woods Jr. is an American author, historian, and libertarian commentator who is currently a senior fellow at the Mises Institute. Woods is a proponent of the Austrian School of economics. He hosts a daily podcast, The Tom Woods Show.

  economy, federal reserve, Tom Woods, Trump, Ukraine war