What are Goldbacks and who’s buying them - e.g. preppers, libertarians, collectors? w/ Goldback Founder Jeremy Cordon - EP183

<p>The Goldback is a local commodity currency operating in several US states, including Nevada and Utah. The Goldback is described as “the world’s first physical, interchangeable, gold money that is designed to accommodate even small transactions”. Each Goldback is embedded with 1/1,000th of a Troy Oz of 24 karat gold. Show host Gene Tunny is joined in this episode by the Founder and CEO of the Goldback company, Jeremy Cordon. According to Jeremy, “Gold is money.  Everything else is credit.” Among other things, Gene asks Jeremy who’s buying Goldbacks and how widely are they being used? </p><p>Please get in touch with any questions, comments and suggestions by emailing us at <a href="mailto:contact@economicsexplored.com">contact@economicsexplored.com</a> or sending a voice message via <a href="https://www.speakpipe.com/economicsexplored">https://www.speakpipe.com/economicsexplored</a>. </p><h3>What’s covered in EP183</h3><ul><li>What is a Goldback? [1:36]</li><li>The USD value of a Goldback relative to the value of Gold in it [5:20]</li><li>How can you create your own local currency in the US? Is it legal? [6:44]</li><li>What are the different types of gold buyers? Why Goldbacks are popular with preppers [11:30]</li><li>What’s the acceptance of Goldbacks by local businesses? [14:12]</li><li>Why are Goldbacks better than the old gold standard? [20:56]</li></ul><h3>Links relevant to the conversation</h3><p>Goldbacks website:</p><p><a href="https://www.goldback.com/">https://www.goldback.com/</a></p><p>Jeremy’s bio:</p><p><a href="https://www.goldback.com/meet-the-team">https://www.goldback.com/meet-the-team</a></p><p>Related previous podcast episode:</p><p><a href="https://economicsexplored.com/2023/03/21/why-fiat-money-means-higher-inflation-why-a-radical-reserve-bank-review-is-needed-w-darren-brady-nelson-ep179/">Why fiat money means higher inflation & why a radical Reserve Bank review is needed w/ Darren Brady Nelson – EP179</a></p><h3>Credits</h3><p>Thanks to Obsidian Productions for mixing the episode and to th