Friday 2 September 2011

Alasdair Macleod talks to James Turk



Alasdair Macleod talks to James Turk

Alasdair Macleod, of 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.

This interview was recorded on August 5 2011 in London.

Bob Chapman - The sovereign Economist 31 Aug 2011


Uploaded by BobChapmanChannel on Sep 1, 2011

Go to http://bobchapman.blogspot.com
for more Bob Chapman videos

SELL GOLD, BUY BONDS? Andy Schectman, CEO




Uploaded by SGTbull07 on Sep 1, 2011

SGTbull07 interview with the President & CEO of Miles Frankiln Precious Metals

http://www.sgtreport.com