Hello everybody and thank you for tuning into the Liberty Report.

With us today is Chris Rosini, our co-host, Chris, welcome to the program.

Good morning, great to be with you, Dr. Paul.

Very good.

Yeah.

Want to talk a little bit about monetary policy, believe it or not.

It's pretty important.

Just think about it.

The monetary unit is one half of every single transaction that goes on.

So the monetary unit is something that a lot of people just don't talk about the monetary

unit and the definition.

And my claim is that's where our problems are.

It's because when they eliminated any hint of a definition of our monetary unit, the

dollar occurred in 1971 when we took the link to go old with the dollar.

And then it's been much more chaotic since then.

But I want to talk a little bit about the definitions that occur because of monetary policy,

because there's a lot of stuff in the news day in and day out.

And people are just hanging on to find out how much deflation is there, how much inflation

there is, what percent of this inflation?

So they talk about it.

But I don't think a lot of people say, well, what are they talking about?

Well, we're talking about prices going on.

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