Gold: Building lifeboats before the dollar sinks

2011-06-10 22

Edwin Vieira, author of “Pieces of Eight” talks to James Turk about the current lack of financial education, they liken the alternative currency initiatives by State legislatures to building lifeboats for the Titanic that is the US Dollar and talk about the different things that can be done to prepare for its impending sinking. They also discuss the Continental Dollar and how America’s founding fathers were able to learn from their mistakes by enshrining sound money in the Constitution, despite or perhaps because those same founders were to blame for the fiat money catastrophes suffered during the Revolution.

They mention how with today’s technology we could do even better than the simple bi-metallism that served America so well for almost 150 years and how the technology and systems are already in place to alleviate the consequences of the Dollar's collapse.