Some of the topics discussed include GDP inadequacies and BEA new statistic that Dr. Skousen has been promoting for more than 25 years, Gross Domestic Expenditures, GDE. John James Cowperwaith, who administrated Hong Kong after WWII and his view that statistics should not be collected vs. the utility of government statistics. That waste and losses […]
Larry Parks Interviews Prof. Mark Skousen re Structure of Production
Larry Parks interviews George Gilder about his book Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing Our World
Gilder explains his take on how capitalism produces wealth and how our economy can reinvigorate itself to produce a higher standard of living for all people. Discusses what he calls “surprise elements” and entrepreneurs. Gilder discusses the central role of entrepreneurs in society as necessary to improve the standard of living for all. Explains how […]
Larry Parks Interviews Hon. David Stockman re his book The Great Deformation: The Corruption of Capitalism in America
Some of the topics touched on include: Was Reagan a fiscal conservative? Did we have free market capitalism, or was that just spin? Was political control of economy really cut back under Reagan-Bush or was that spin? Is the Federal Reserve a symptom of crony capitalism? Fiscal stimulus, monetary central planning, bailouts. . . is […]
Larry Parks interviews Lewis Lehrman re TheTrueGoldStandard.org
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 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 William Rhodes about the new edition of his book Banker to the World
William R. (Bill) Rhodes is the retired senior vice chairman and senior international officer of Citigroup and Citibank. He is President and CEO, William R. Rhodes Global Advisors, LLC; senior advisor, Citi; and professor-at-large, Brown University. Bill gained a reputation for international financial diplomacy in the 1980s and 1990s as a result of his leadership […]
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. […]
Larry Parks interviews James Grant, Editor, Grant’s Interest Rate Observer
Larry Parks interviews James Grant, Editor, Grant’s Interest Rate Observer, about gold, the Federal Reserve, manipulating interest rates, the notion of risk, pension plans not focusing on the risk of currency depreciation. Books by James Grant: The Forgotten Depression: 1921: The Crash That Cured Itself Mr. Market Miscalculates: The Bubble Years and Beyond Money of […]
Larry Parks Interviews Ralph Benko
Ralph Benko, at the recommendation of then-Commissioner Lewis E. Lehrman, was called by the U.S. Department of the Treasury to testify before the United States Gold Commission in 1981 on the constitutional history of American monetary policy. He published thereafter on that subject in the New York State Bar Association Banking, Corporation & Business Law […]
Larry Parks interviews Seth Lipsky, Editor, NY Sun, “It Shines for All: The Gold Standard Editorials of The New York Sun”
“This brilliant book is The Federalist Papers for a gold standard. It succinctly, dazzlingly – and convincingly – makes the irrefutable case for re-linking the battered dollar to gold. Alexander Hamilton would have been impressed – and you will be, too.” — Steve Forbes “Classics of the editorial writing genre — just in time for […]
Larry Parks interviews Seth Lipsky about his book “The Citizen’s Constitution”
Larry Parks interviews Seth Lipsky about his book The Citizen’s Constitution. Pocket versions of the Constitution of the United States of America abound, as do multi-volume commentaries, scholarly histories of its writing, and political posturings of various clauses. But what if you want a delightfully quick, witty, and readable reference that, in one compact volume, […]
Retirement At Risk
Dr. Larry Parks, Executive Director of the Foundation for the Advancement of Monetary Education describes why the United States retirement system is in danger of imploding and how gold can mitigate the disaster that is awaiting the Baby Boomers and countless others. More Information can be found from Larry Parks HR1098 Congressional Testimony 9-13-11 To […]
Larry Parks Interviews Chris Powell, Secretary/Treasurer Gold Anti-Trust Action Committee, GATA
Among the aspects discussed are the U.S. government’s having authorized itself to rig all markets secretly, the U.S. government documents recently disclosed showing that central banks are trading secretly in all major U.S. futures markets, the other documents GATA has compiled proving the gold price suppression scheme, why the gold mining industry refuses to do […]