In their enlightening conversation, Jeff Deist, General Counsel for Monetary Metals, former President of the Mises Institute, and formally Congressman Ron Paul's Chief of Staff, and Executive Director of the Sound Money Defense League, Jp Cortez, delved into the multifaceted realm of sound money, covering a wide array of topics with depth and insight.
They discussed the intricacies of anonymity, central bank digital currencies (CBDCs), and privacy concerns in financial transactions, while also critiquing prevailing monetary policies and negative interest rates.
The discussion traversed historical events that have shaped economic thinking, such as the establishment of the Federal Reserve and the abandonment of the gold standard, pondering their enduring implications. Looking towards the future, they speculated on potential turning points in the evolution of money, considering the roles of CBDCs, gold, MMT, and global fiat currency.
Throughout their exchange, they acknowledged the influence of social media on economic discourse and underscored the importance of education in promoting understanding of sound money principles. Their dialogue concluded with expressions of hope and gratitude for those advocating for sound money and advancing ideas of liberty.