The Phaserl


Gold, Silver, And The Future Of The Dollar — David Morgan Interviews Mark Thornton

from The News Doctors:

David Morgan: Could you give us your personal assessment on the current economic landscape?

Mark Thornton: Well, I guess we’re at the point in history that I always thought was going to occur. Ever since I was a young man, very young man, I realized through study that going off the gold standard was a big mistake. That was really my first interest in economics and it just expanded outward from there and I found the Austrian School and got involved with the Mises Institute and went on and got my graduate degree.

I have been studying this issue ever since. The only thing that has really surprised me about this is that it has taken so long to get to this place in time and by this place, I mean a world in which fiat money is the sole circulating means of exchange and where central banks are engaged in a world currency war, trying to manipulate the value of their currencies downward in a simultaneous battle across the globe.

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