by Anthony Wile, The Daily Bell:
Introduction: Lawrence Parks holds a Ph.D. in Operations Research from the Polytechnic Institute of New York University and is the Executive Director of the Foundation for the Advancement of Monetary Education (FAME). Dr. Parks was a student of free-market economist Murray Rothbard and has studied monetary issues for more than 30 years. He is the author of What Does Mr. Greenspan Really Think?, a popular book on the workings of the US monetary system. He has authored and produced more than 200 videos on topics dealing with the US monetary system, more than 50 of which are posted to www.LarryParks.com. His writings have appeared in Pensions & Investments, The Economist, Washington Times, The Freeman, American Outlook and National Review.
Daily Bell: Larry, perhaps more than almost anyone for the past 18 years at least, you’ve been devoting yourself to changing the monetary system. On the face of it this sounds like an impossible task, given that the entire planet has now adopted fiat money, what you call political money. Before we go further, take a moment to please explain what you mean by political money and how people are coerced into accepting it.
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