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Lawrence H. White, professor of business economics at George Mason College, reviews the gold criterion, and frauds concerning it. He says that there suffices gold in the USA and Europe to return to a timeless gold criterion. Dr. White spoke to David Lin, Anchor and Producer at Kitco News.
Adhere To David Lin on Twitter: @davidlin_TV ()
Comply With Kitco Information on Twitter: @KitcoNewsNOW ()
Follow Larry White on Twitter: @lawrencehwhite1 ()
0:00 – Sorts of gold requirement
3:19 – Publishing money to money expenses
5:22 – Rising cost of living today
6:26 – Gold criterion and deflation
7:53 – Monetary policy
9:21 – Exactly how a gold common works
10:10 – Bitcoin requirement
12:50 – Gold prices after Nixon
13:54 – Do we need the Fed?
14:16 – Exists enough gold?
15:22 – Larry's brand-new publication
20:05 – Hyperinflation
21:51 – What the Fed needs to do
23:16 – Financial investment effects
24:31 – Cost-free financial and DeFi
#bitcoin #fiat #gold
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U.S., Europe have enough gold for a gold standard: 'We don't need a central bank' - Larry White
Lawrence H. White, professor of economics at George Mason University, discusses the gold standard, and falsehoods about it. He says that there is enough gold in the United States and Europe to return to a classical gold standard. Dr. White spoke with David Lin, Anchor and Producer at Kitco News.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Larry White on Twitter: @lawrencehwhite1 (https://twitter.com/lawrencehwhite1)
0:00 - Types of gold standard
3:19 - Printing money to finance expenses
5:22 - Inflation today
6:26 - Gold standard and deflation
7:53 - Monetary policy
9:21 - How a gold standard works
10:10 - Bitcoin standard
12:50 - Gold prices after Nixon
13:54 - Do we need the Fed?
14:16 - Is there enough gold?
15:22 - Larry's new book
20:05 - Hyperinflation
21:51 - What the Fed should do
23:16 - Investment implications
24:31 - Free banking and DeFi
#bitcoin #fiat #gold
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
