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Neutral, objective, sound money

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Neutral, objective, sound money

G
GoldMoney

1 Views • Oct 24, 2011

Description

Watch the full 25-minute video at http://www.goldmoney.com/hochreiter-turk-interview. Gregor Hochreiter, Author of "Krankes Geld, Kranke Welt", and James Turk, Director of the GoldMoney Foundation, talk about how under the classical gold standard the negative feedback disciplinary mechanism was imposed automatically by gold, without the need for political discretion. They talk about the importance of gold to human liberty. Gregor also talks about convertibility of gold bars into coins, allowing smaller denominations to circulate so that they can be in everyday use.

This interview was recorded on September 30th 2011 in Vienna.