For more than 40 years, Lewis Lehrman, Co-Chairman of the Gilder Lehrman Institute of American History, has taken a leadership role in promulgating gold as money. Here, he discusses overcoming objections to eliminating paper money, e.g., that we cannot have gold-as-money because: financial markets are inherently unstable and we need paper money to periodically bail […]
Larry Parks interviews Lewis Lehrman re TheTrueGoldStandard.org
Larry Parks Interviews Professor Charles Calomiris about Fragile by Design: The Political Origins of Banking Crises and Scarce Credit
Why are banking systems unstable in so many countries–but not in others? The United States has had twelve systemic banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone but have provided miniscule amounts of credit to business enterprises and households. Analyzing the […]
Larry Parks Interviews Dan Oliver, President, Committee for Monetary Research and Education
Dan Oliver is President, Committee for Monetary Research and Education, one of the oldest and most respected organizations focused on our monetary system. Some of the issues discussed were: Why has gold, when it was available, been the free-market preference for money worldwide for thousands of years? If gold is the preferred money, how come […]
Larry Parks Interviews Steve Forbes about Money: How the Destruction of the Dollar Threatens the Global Economy
Why a return to sound money is our only hope for a true recovery and a healthy global economy Few topics are as misunderstood today as the subject of money. Since the U.S. abandoned a gold-linked dollar more than four decades ago, the world’s governments have slid into a dangerous ignorance of the fundamental monetary […]
Larry Parks Interviews Yalman Onaran – Zombie Banks: How Broken Banks and Debtor Nations Are Crippling the Global Economy
Zombie banking has become standard operating procedure for big debtor nations. They prop up failing institutions, print money, and avoid financial corrections. But in an attempt to prolong the inevitable, bigger problems are created. The approach used now has not, and will not, work. This timely book reveals why. Zombie Banks tells the story of […]
How Real US Money Became Bogus, aka, Fiat, Money
United States Silver Money This is silver money. It is in fact and in law a one dollar coin as provided for by the Coinage Act of 1792. It is in conformity with the dollar referred to in the 7th Amendment to the Constitution. This is not a dollar. It is a promise to pay […]
Six Reasons Why Promoting the Gold Standard is a Mistake
Promoting the “gold standard,” even with modifiers such as “classical,” “pure,” “100%” and others, or any monetary regime whereby paper money is “backed by,” “redeemable into,” “pegged to” or in any other way related to gold is a mistake for six reasons: The gold standard is not authorized by the Constitution. The only money authorized […]
SUMMARY OF TRADEOFFS BETWEEN GOLD AND PAPER MONEY, PUBLIC POLICY AND INFORMATIONAL ISSUES
Question: What is the purpose of money? The purpose of money is to facilitate the transfer of value over space and time. In other words, we use it to exchange wealth geographically, and to provide for future payment. Without money, which is in effect an intermediate good used for trading, it would become very difficult […]
Larry Parks interviews Fred Sheehan about Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Legacy of Recession
Larry Parks interviews Fred Sheehan about his book Panderer to Power about how Alan Greenspan, as Chairman of the Board of Governors of the Federal Reserve helped lead us to economic ruination. Get Panderer to Power Support FAME
Larry Parks interviews Matthew Bishop, NY Bureau Chief, THE ECONOMIST about his “In Gold We Trust?: The Future of Money in an Age of Uncertainty”
Larry Parks interviews Mathew Bishop, NY Bureau Chief, THE ECONOMIST about his new book (with Michael Green) In Gold We Trust? The Future of Money in an Age of Uncertainty. States Mr. Bishop: ““Let’s have a look at the history of money. Let’s have a look at the role that gold has played in it. […]