Welcome to the inaugural Truth Quest Podcast month in review. In this short episode, we walk through the biggest news items from last month, September 2019.

Show Notes

Truth Quest podcasts:

• Episode #27 - The Truth About the Federal Reserve - An Intro
• Episode #28 - The Truth About the Federal Reserve - The Results
  

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Most people are aware of inflation. They expect the cost of products and services to go up every year. What these same people may not be aware of is the fact that this perpetual inflation is completely unnecessary.

If the United States had a sound money policy, meaning the U.S. Dollar was pegged to gold (on a gold standard) most of the angst around monetary policy, interest rates, the national debt, out of control government spending, inverted yield curve, negative interest rates, and cryptocurrencies would be nothing but noise.

In this episode we examine the history of a gold standard. We scrutinize actions taken by FDR, Nixon, the Federal Reserve and their impact on the worldwide economy. The bottom line is, because the gold standard constrains the spending of our overlords in Washington, D.C., they will never willingly revert back to that standard. Unfortunately the United States is in for a rude awakening as other countries have started accumulating gold reserves as a way to diversify away from the U.S. Dollar's reserve currency status.

Show Notes:

Think Bitcoin is the New Gold 2.0 - Think Again

The Gold Standard 

Your Move Gold Critics, Please Explain What Money Is

In Dismissing the Gold Standard, John Cochrane Channels Tina Fey

Central Banks of Gold Buying Spree Over Dollar Worries

Central Banks are Buying Gold Fastest Pace in Six Years

Russia, China Continue Massive Substitution of Dollar Assets into Gold

In Money We Trust: Documentary

Funding the Monster State: FDR, Nixon versus the Gold Standard

Alan Greenspan: Ron Paul Was Right About the Gold Standard

Ron Paul's Appearance on Judge Napolitano's Fox Show 

Truth Quest Podcast Episodes:

• Episode #27- The Truth About the Federal Reserve: An Introduction
• Episode #28 - The Truth About the Federal Reserve: The Results
• Episode #56 - The Truth About Libra - Facebook's Cryptocurrency

APMEX: Buy Gold and Siver

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I don't know about you but sometimes I get tired of discussing all the areas where we disagree politically or on public policy issues. In this episode I attempt to focus on things that most of us agree on such as government spending, right-to-try laws, the surveillance state, sound money, war, tort reform, term limits, the War on Drugs and the War on Poverty.

Does it not make sense to first focus on the few things in which we agree and then circle back to the numerous head-butting issues that divide us?

Show Notes:

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Facebook’s recent congressional testimony before the House Financial Services Committee regarding their proposed cryptocurrency, Libra, caught my attention. It got me wondering: where in the Constitution does it grant the federal government the power to regulate a cryptocurrency or a social media platform? I posed that question on the Truth Quest Facebook Fan Page and immediately started researching this episode.

The truth is that cryptocurrencies in general and the Libra specifically pose a threat to many entities - central banks, power hungry government officials, and too-big-to-fail banks.

In this episode I explain what Libra is and examine the threat posed by it and other cryptocurrencies. Along the way we discuss the benefits of cryptocurrencies, congressional overreach, sound money, central banks and the concept of private money.

Show Notes:

Libra White Paper

Libra House Hearing

G7 Urges Strict Libra Regime, Eyes Minimum Tax

Alternative Currencies Such as Bitcoin are a Valuable Insurance Policy Against Feckless Government

Does Libra Threaten Monetary Sovereignty?

Fee.org

• Why This Economist is Skeptical of Facebook's Grandiose Claims About the Libra
• Why Facebook's New Cryptocurrency is No Threat to Bitcoin

Mises.org

• Libra: Competitor to Inflationary Central Banks
• Facebook's Fake Money
  
• It's No Bitcoin: Facebook's Libra Currency Tied to Government Currencies
• https://mises.org/wire/idea-alternative-currencies-going-mainstream

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With the current state of the Democratic Party and their push for socialism, I felt compelled to record this episode knowing this is going to be a long road between now and the 2020 election. This information needs to be available to counter their message of disdain for the wealthy, free stuff, greed, and resentment.

In this episode we discuss the lack of socialist society success stories, the immorality of socialism, Democratic Socialism, socialistic incrementalism in America, and we examine how socialism violates both economic and natural laws.

Show Notes:

Daniel J. Mitchell

• The Endless Failure (but Bizarre Allure) of Socialism
• Socialism: A Dreary Failure, Malignantly Evil, or Both?
• An Amusing Examination of Socialism
• Young People and the Socialist Delusion
• Can Bernie Make Socialism Great Again?
• A Primer of the Folly (and Evil) of Socialism
• Venezuela Accelerating Descent to Socialist Misery
• The Horrifying Death Throes of Venezuelan Socialism, Captured in 28 Headlines

PragerU

• Socialism Makes People Selfish
• What's Wrong with Socialism

Venezuela's Maduro Admits Socialism Has Failed

Frozen in Time Havana Looks to Put a Modern Stamp on Its 500-Year History

Soho Forum: Socialism vs. Capitalism: A Debate with Jacobin Magazine

Why Socialism Failed

Mises.org

• Four Reasons Why Socialism Fails
• Still Fighting the Last War Against Socialism
• Why Socialism Must Fail

John Stossel - Venezuela is Socialism

Tom Wood's Episodes

• Episode 696 The Problem With Socialism: Tom DiLorenzo Educates Socialist Millennials (Tom DiLorenzo)
• Episode 586 Why Capitalism Is Morally Superior to Socialism (Jason Brennan)
• Episode 408 The Main Reason Socialism Can’t Work (Mateusz Machaj)
• Episode 337 The Fatal Errors of Socialism (James Otteson)
• Episode 1404 The Failed Idea That Never Dies

The Truth Quest Podcast Patron Page

Join the conversation at The Truth Quest Facebook Fan Page

Order a copy of Shawn's books - Pritical Thinking, The Proverbs Project, The Termite Effect.

The video of this episode is available at The Truth Quest Podcast YouTube channel, BitChute.com and Brighteon.

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In the previous episode, #27 The Truth About the Federal Reserve – An Introduction, I laid the groundwork for this episode. So now that you know what the Fed is, why it was created and how it creates money, let’s look at the results of the last 100+ years since this monstrosity was created.

We will discuss the constitutionality of the Fed, how it creates inflation, its impact on savers and people on fixed incomes, malinvestment, bailouts, how it funds the welfare and warfare state, the gold standard, and I conclude the episode with a side-by-side comparison of the current monetary system dominated by the Fed with one without it.

Show Notes:

• Creature from Jekyll Island, Edward Griffin
• Numerous writings and podcast from the likes of Ron Paul, John Tamny, Tom Woods, Fee.org and Mises.org.
• ContraKrugman Episode 185 - Economist's Love Letter to the Fed
• A Century of Failure: Why It's Time to Consider Replacing the Fed - Mises

The Truth Quest Podcast Patron Page

Join the conversation at The Truth Quest Facebook Fan Page

Order a copy of Shawn's books - Pritical Thinking, The Proverbs Project, The Termite Effect.

The video of this episode is available at The Truth Quest Podcast YouTube channel and on BitChute.com.

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I read and hear a lot about how bad the Federal Reserve is for America. The cries for “Audit the Fed” continue to grow louder. Inherently I understand that government intervention always causes market distortions but trying to explain how the Federal Reserve detrimentally impacts the economy at a level that the average person can understand has proved daunting. But I am going to give it a shot in this episode and the next one.

In this episode I am going to introduce you to the Federal Reserve – explain what it is, why and how it was created and explain how it creates money.

Episode #28 will be spent looking at the Fed's record over the 100+ years of its existence and argue why it should be abolished.

Show Notes:

• Creature from Jekyll Island, Edward Griffin
• The Myth of Fed Independence – Mises.org
• End the Fed, Ron Paul
• Numerous writings and podcast from the likes of Ron Paul, John Tamny, Tom Woods, Fee.org and Mises.org.

The Truth Quest Podcast Patron Page

Join the conversation at The Truth Quest Facebook Fan Page

Order a copy of Shawn's books - Pritical Thinking, The Proverbs Project, The Termite Effect.

The video of this episode is available at The Truth Quest Podcast YouTube channel and on BitChute.com.

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