'Philip II' is an historical work written by William Thomas Walsh, published by TAN Books and Publishers, Inc., 1987. All rights acknowledged.

Modest donations are gratefully accepted to support my research costs, enable a higher frequency of broadcasts and improve production values:
https://www.paypal.com/donate/?hosted_button_id=5Y9AE7F4SHHA4

To support my research and channel, and to access premium content please consider joining my Locals (the Beletage):
https://thetwocitiespodcast.locals.com

'Philip II' is an historical work written by William Thomas Walsh, published by TAN Books and Publishers, Inc., 1987. All rights acknowledged.

Modest donations are gratefully accepted to support my research costs, enable a higher frequency of broadcasts and improve production values:
https://www.paypal.com/donate/?hosted_button_id=5Y9AE7F4SHHA4

To support my research and channel, and to access premium content please consider joining my Locals (the Beletage):
https://thetwocitiespodcast.locals.com

In the first of a projected irregular series on Traditionalist Economics, I draw from the writings of John Lane, Pius XI and other Catholic economic thinkers to consider the first question of political economy: who is responsible for the money supply?

I consider: the fundamental causes of inflation; the sovereignty of money creation; fractional reserve banking; the gold standard; the nature of our current usury money versus Medieval economic stability and leisure, before proposing some initial Catholic solutions to these essential problems.

With particular thanks to John Lane for his insights.

To support my research and channel, and to access premium content please consider joining my Locals (the Beletage):
https://thetwocitiespodcast.locals.com