Words & Numbers Episode 467: The Sound of Money
In this episode, we discuss Denmark’s proposal to grant citizens ownership of their face, voice, and likeness to combat AI deepfakes, and the ethical and legal implications of personal identity rights in the digital age. We highlight the “foolishness of the week” involving tariffs and political overreaction to a Canadian ad campaign, and explore the concept of sound money with guest Jp Cortez of the Sound Money Defense League. The conversation covers gold and silver as currency, the consequences of fiat money and inflation, and how monetary policy shapes economic freedom, government power, and personal responsibility.
00:00 Introduction and Overview
00:27 Denmark's Copyright Law
02:39 AI Deepfakes and Property Rights
05:10 Unintended Consequences of the Law
08:29 The Ethical Implications of AI Deepfakes
10:47 Foolishness of the Week: Reagan's AI Ad
12:16 Trump’s Reaction to the Reagan Ad
15:01 Introduction to Jp Cortez and Sound Money Defense League
15:25 Re-monetizing Gold and Silver
17:09 Sound Money Index Explained
19:04 Challenges with the US Dollar
21:28 Gold's Stability and Historical Context
26:34 The Role of States in Sound Money
30:25 Practical Implications of Sound Money
37:24 The Moral and Ethical Case for Sound Money
42:12 Congress’s Role in Taxation
46:28 Sound Money as a Safeguard Against Failed Government
48:05 Global Trends in Gold and Silver
51:05 The Meaning of the Price of Gold
53:39 The Impact of Monetary Policy on Poverty
55:49 Why Gold Has Stood the Test of Time
01:00:07 Conclusion and Call to Action
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