Monetary Theory 101

by Trace Mayer, J.D. on July 8, 2008 · 4 comments

Reading time: 1 – 2 minutes

An introductory video by Dr. Edwin Vieira to monetary theory and science that discusses the difference between money, money substitutes and currency.

Rep. Ron Paul sponsored this Congressional lecture on “What is Constitutional Money?”, part two of a three part series on the basic principles of money for Congressional staff. As a continuing educational tool this lecture was filmed and is provided to the public. The lecture was delivered by Edwin Vieira, Jr., J.D., Ph.D, the author of the definitive work on Constitutional money, Pieces of Eight: The Monetary Powers and Disabilities of the United States Constitution. Dr. Vieira’s lecture explores the development of the American monetary system from colonial times through the creation of the Federal Reserve System, explaining the constitutional underpinnings of our money and the erosion of that legal framework over 200+ years of monetary history. He also explains his plan to return to sound money, outlining the grim ramifications of continuing on a fiat money standard.

The current instability in the financial and monetary system is predictable and will intensify.  The Information Age will require a whole new level of currency to be used in daily transactions.

After you have viewed this introductory video you will be ready for Monetary Theory 102.

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ABOUT THE AUTHOR: Trace Mayer, J.D., author of The Great Credit Contraction holds a degree in Accounting, a law degree from California Western School of Law and studies the Austrian school of economics. He works as an entrepreneur, investor, journalist and monetary scientist. He is a strong advocate of the freedom of speech, a member of the Society of Professional Journalists and the San Diego County Bar Association. He has appeared on ABC, NBC, BNN, radio shows and presented at many investment conferences throughout the world. This is merely one article of 228 by .

The Great Credit Contraction

4 comments

{ 3 comments… read them below or add one }

1 Craig December 18, 2008 at 6:50 pm

Is there some way to view monetary theory 101?

2 Bathobatho August 24, 2010 at 9:50 am

Good day Trace,

Is there a way I could get a hold of the ‘monetray theory 101′ video to go through it?

3 Trace Mayer, J.D. August 24, 2010 at 11:28 am

I have not been able to find it :( It must have gotten lost in the memory hole.

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