Alasdair Macleod speaks to James Turk about Sound Money.
Most people don’t understand sound money.
Inflation is destroying the value of money and people’s savings.
The low interest rate added to inflation absolutely decimated savings.
In a free market with sound money steady upward progress has been only occasionally interrupted by free market problems.
However now the free market has been supplanted by central bank and government manipulation.
Please Listen to the Precious Metals Investing Podcast
You can listen to some of the episodes right here at PreciousMetalsInvesting.com: Listen to the Precious Metals Investing Podcast here
Or even better you can subscribe to the podcast on iTunes here:Precious Metals investing podcast on iTunes
Android Users can subscribe to the Precious Metals Investing Podcast at Google Play here: Precious Metals Investing podcast on Google Play
DISCLOSURE: If you purchase items though the links on this site such as the Amazon Links, PreciousMetalsInvesting.com will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.
The content provided here is for informational purposes only. Investor’s situations vary so make sure you consult with your own financial adviser before making any investment decisions. Not all investments are suitable for all investors. Users agree to hold preciousmetalsinvesting.com, its owner and affiliates, harmless for all information presented on the site. PreciousMetalsInvesting.com presents no warranties. PreciousMetalsInvesting.com is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access PreciousMetalsInvesting.com, any linked content, or the reliance on any information on the site.
The information contained on this site does not constitute investment advice and may be subject to correction, completion and amendment without notice. PreciousMetalsInvesting.com assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. PreciousMetalsInvesting.com disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result. The information supplied by the experts featured at https://preciousmetalsinvesting.com are assumed to be accurate.
Subscribe to the GoldMoney newsletter at GoldMoney Newsletter. Alasdair Macleod, of http://financeandeconomics.org, and James Turk, Director of the GoldMoney Foundation, talk about about the importance of savings and how currency debasement destroys savings and the middle class, killing growth.
They talk about the sovereign, the gold standard and price stability. How long term growth is compatible with a stable money supply and even with prolonged deflation.
They explain how central bank interest rate manipulation through credit creation creates the business cycle and misdirect investment. Alasdair explains how in British history, absent the central bank, continuous growth and sound money helped create the most prosperous nation in the world. James explains the importance of the Rule of Law for stability and prosperity.
Alasdair’s articles on GoldMoney’s website can be read here: http://www.goldmoney.com/author/alasdair-macleod.html
This interview was recorded on August 5 2011 in London.
Video Rating: / 5