On this week’s episode we had the great honor of speaking with Bill Still. Bill has spent much of his adult life fighting for true monetary reform in America. Bill and I discuss the major issues facing the American people (i.e., government borrowing, fractional reserve banking, and the privately owned, banker-run Federal Reserve). In particular we focused on the notion of a return to the gold standard. Bill and I tackle some of the popular myths that goldbug proponents often use when talking about a return to gold-backed money. This is a very important conversation for anyone concerned about the largest scandal in American history, which is of course the destruction of our power to create and control our money.
Show notes:
BillStill.com
Bill Still YouTube channel
The Money Masters
Jekyll Island: The truth behind the Federal Reserve
Music:
Just For You
Comments
I’m glad to hear Bill Still discuss the absurdity of the “gold standard.” Another myth that should be dispelled is “free market capitalism.” No where in America would anyone want to watch a bunch of 18 year old high school football players be annihilated in the Super Bowl by a bunch of 30 year old professional football players! Yet, that is exactly what unregulated markets do every day!
If there is a role for government (& my jury is still “deliberating” that point…), it is to simply be the referee! Unfair competition only creates monopolies.
Your characterization of free market capitalism makes no sense whatsoever.
Trackbacks
[…] Porkins Policy Review ep. 18 The Gold Standard Myth with Bill Still | On this weeks episode we had the great honor of speaking with Bill Still. Bill has spent much of his adult life fighting for true monetary reform in America. Me and Bill discuss the major issues facing the American people i.e. government borrowing, fractional reserve banking, and the privately owned banker run Federal Reserve. In particular we focused on the notion of a return to the gold standard. Me and Bill tackle some of the popular myths that goldbug proponents often use when talking about a return to gold backed money. This is a very important conversation for anyone concerned about the largest scandal in American history, which is of course the destruction of our power to create and control our money. https://porkinspolicyreview.wordpress.com/2014/03/11/porkins-policy-review-episode-18-the-gold-standard-myth-with-bill-still/ […]