It was Alan Greenspan who said in his 1967 essay entitled “Gold and Economic Freedom” that gold and economic freedom are inseparable. This is what the former Federal Reserve Board chairman said exactly: “An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense-perhaps more clearly and subtly than many consistent defenders of laissez-faire — that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.”

We thought it would be helpful for our readers to watch “America: From Freedom to Fascism”. This is a documentary film produced by film maker Aaron Russo. Mr Russo exposes how America is not really a free and capitalist society and how the monetary and fiscal system help perpetuate the present system.

It is ironic that Mr Greesnpan, who has helped perpetuate the present fiat money system, through his chairmanship of the Federal Reserve Board was the person who warned the world back in 1967 how freedom and a sound money system are inseparable.