Part 1 - Constitutional Pressures
with Charles Hugh Smith & Gordon T Long
It can not be overstated the importance SOUND MONEY plays in protecting the public's Constitutional Rights, the control of relentless government spending and the limitation of political 'reach' and growth of socialist entitlements. This fact was well understood even before the founding of the US Federal Reserve.
The Austrian Economist Ludwig von Mises wrote in 1912 in 'THE THEORY OF MONEY & CREDIT", prior to the existance of the Federal Reserve that:
"It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments. Ideologically, it belongs in the same class with political constitutions and bills of rights."
Gordon T Long & Charles Hugh Smith discuss whether the US government is now in fact being forced to prepare for a crisis event brought on by the eventuality of unsound money, the debasement of the currency and debt saturation.
The facts are hard to dispute, based on the number and nature of Executive Orders being issued and the extensive number of alarming surveillance programs on US citizens, being aggressively and quietly implemented by government agencies under the cover of the 12 year "War on Terror".
Part 2 - Unsound Money Jeopardizes Our Constitutional Rights
with John Rubino & Gordon T Long
Gordon T Long and John Rubino explore how we have lost sight of the important economic tenet of Sound Money and why as a consequence our constitutional rights are now under an insideous attack, which pervious generations would have labeled Treason.