Off The Cuff: We Need Money We Can Trust

In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:

• The Death Of The Status Quo
  • The establishment is in a doomed fight to keep change at bay
• The Importance Of Free Pricing
  • When we can't trust the signals prices are sending us, we're blind
• The Need For Sound Money
  • When money is manipulated, mal-investment ensues
• The CLIME Model
  • Charles walks us through his proposal for a labor-backed currency system

In this week's Off The Cuff, Chris and Charles begin with a high-level outlook of the "mother of all bubbles" the world is currently encased within. Both are confident it will end, but only after the establishment has done everything in its power to prevent it (translation: expect even more desperate acts from the central planners).

We are literally witnessing the death of the status quo: those in power are doing all they can to protect their privilege, as has happened nearly every time in history when the 4th turning arrives. Efforts to preserve the status quo will become increasingly extreme; but ultimately, they will fail as the status quo is quite simply unsustainable.

The current fiat money systems will be part of that ending. What will replace them? What should replace them?

In this extended podcast, Chris and Charles dive deep into the labor-backed money system proposed by Charles in his recent book A Radically Beneficial World.