Audiences today are eager to understand what is really happening in our financial system, and for a way out of the false alternative: (a) Keynes / Friedman / Modern Monetary Theory / Econometrics /obsession with consumer prices vs. (b) a “pure, 100% backed” (so called) gold standard without banking or lending
I recently presented my thoughts on the ongoing collapse of paper currencies–that debt is accumulating which cannot possible be paid back. Based on my study of the ideas of Professor Antal Fekete, I gave a pretty comprehensive survey of monetary science: the origin of money, irredeemable debt based money, interest rates, fractional reserve banking, arbitrage, and gold backwardation.