This is the 12th video (4 minutes long) from Professor Fekete in a series of 17 short videos.
(Here are links to the previous videos:
Prof. Antal Fekete: The Banking System – Episode 01/17
Prof. Antal Fekete: Money creation – Episode 03/17
Prof. Antal Fekete: The Ignored Anniversary – Episode 04/17
Prof. Antal Fekete: The Positive Theory of Gold – Episode 05/17
Prof. Antal Fekete: The Interest – Episode 06/17
Prof. Antal Fekete: Real Bills – Episode 07/17
Prof. Antal Fekete: Self-liquidating credit – Episode 08/17
Prof. A. Fekete: The Clearinghouse of the Gold Standard – Episode 09/17
Prof. A. Fekete: The Real Cause of Unemployment – Episode 10/17
Prof. A. Fekete: The Ultimate Extinguisher of Debt – Episode 11/17)
We’ve learnt a great deal from the Professor since first seeing him in Canberra back in 2009. And so we’ve featured much of the Professors writings, theories and interviews since then. These short videos are perhaps the most accessible we’ve seen of his work and so are highly recommended for those both new to the realm of the monetary metals, as well as those who have “been around the block”.
In this video the professor discusses gold in relation to war and peace – including:
– Why there is no chance for peace under our current monetary system.
– Why Henry Ford wrongly predicted that WW1 would end by Xmas in 1914.
– How there is no end to wars since WW1 because of the paper monetary system.
– Why we need to go back to the Gold Standard especially regarding wars and endless spending.
– How to limit wars and to create peace we need gold in our system.
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