IN THIS INTERVIEW:
- Currency vs. Money ►2:39
- What kind of monetary system is best? ►9:35
- U.S. Dollar built on confidence, the system is "reaching a tipping point" ►12:48
- Cost of energy to rise significantly ►16:36
- Buy gold and enjoy Social Security & Medicare as it lasts ►21:22
ABOUT OUR GUEST:
Paul studied chemical engineering and has an earned doctorate. He has studied the theory of money and credit for twenty years and although he agrees mostly with the Austrian School of Economics he has adopted some alternative views from others that explain the shortcomings of gold backed money systems and provide insight into what the next monetary system might look like
Provokes thought for contrarian thinkers. The dollar is certainly doomed as the world's reserve currency and he didn't give silver enough thought as it will always be gold's little brother in the end despite it's industrial usage. Also, confiscation remains lurking for us gold bulyers.
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