Dr. Arthur Laffer: The Return Of The Gold Standard & Why The US Economy Is Stronger Than Ever

Recorded on: February 17, 2026 Stijn Schmitz welcomes Dr. Arthur Laffer to the show. Dr. Arthur Laffer is a Renowned American Economist and Best-Selling Author. In this wide-ranging discussion, Dr. Laffer provides deep insights into economic policy, drawing from his extensive experience as an economist and advisor to President Reagan. Dr. Laffer emphasizes the importance of five key pillars of economic prosperity: taxes, spending, monetary policy, regulatory policy, and trade policy. He argues that lower tax rates, spending restraint, sound monetary policy, minimal regulations, and free trade are essential for economic growth. *Find Out More About Palisades Goldcorp, Canada's Leading Junior Resource Investment Company:* ► Website: https://palisades.ca *Palisade Radio Links:* ► Website & Newsletter: https://palisadesradio.ca ► Rumble: https://rumble.com/c/c-1586024 Reflecting on his work with Reagan, he highlights how reducing tax rates from 70% to 28% and implementing strategic monetary policies transformed the US economy. Discussing current economic challenges, Dr. Laffer is optimistic about the US economy. He addresses concerns about national debt, arguing that while the numbers appear large, they are not as dire as they seem when considering debt-to-wealth ratios and debt service costs. He warns against income redistribution policies, presenting a mathematical theorem that demonstrates how such transfers invariably reduce total economic production. On monetary policy, Dr. Laffer criticizes recent Federal Reserve approaches, advocating for a price rule similar to the gold standard. He sees gold and cryptocurrencies as refuges from poor monetary management, believing private market solutions can create more stable currencies. He's particularly impressed with stablecoins like Tether and their potential to provide monetary alternatives. Regarding global trade and geopolitics, Dr. Laffer advocates for peace through economic strength. He believes in free trade and mutual prosperity, arguing that countries should focus on becoming trading partners rather than adversaries. He's critical of over-regulation and redistributionist policies in Europe and supports market-driven solutions to challenges like climate change. Throughout the interview, Dr. Laffer's core message remains consistent: economic prosperity comes from creating incentives for production, minimizing government intervention, and allowing free markets to solve problems. Timestamps: 00:00:00 - Introduction 00:00:49 - US Economy Strength 00:04:10 - Supply Chain Concerns 00:05:29 - China Trade Partnership 00:06:10 - Trump's Reshoring Policies 00:09:02 - Globalization Perspectives 00:10:15 - European Economy Critique 00:12:13 - Monetary Policy Insights 00:16:45 - National Debt Analysis 00:25:50 - Unfunded Liabilities View 00:29:09 - Redistribution Theorem Explained 00:35:01 - Gold's Safe Haven Role 00:38:46 - Peace Through Strength 00:45:05 - BRICS Currency Alternatives 00:49:25 - Tether and Gold 00:52:42 - Concluding Thoughts Guest Links: Website: https://laffercenter.org X: https://x.com/LafferCenter Amazon Book: https://tinyurl.com/4tdtp5pm Widely known as the "Father of Supply-Side Economics," Dr. Arthur B. Laffer is one of the most influential economic minds of the last century. He is best known for the Laffer Curve, a groundbreaking theoretical construct illustrating the critical tradeoff between tax rates and government revenue—an idea Time Magazine named one of the few advances that "powered the 20th century". Dr. Laffer’s career spans the highest levels of academia and public policy. He served as the first Chief Economist at the Office of Management and Budget and was a core member of President Ronald Reagan’s Economic Policy Advisory Board during both terms. His counsel was instrumental in triggering the global tax-cutting movement of the 1980s, advising leaders ranging from Margaret Thatcher to Donald Rumsfeld. An alumnus of Yale and Stanford, Dr. Laffer held distinguished professorships at the University of Chicago, USC, and Pepperdine. Today, he is the Chairman of Laffer Associates, providing institutional research and consulting from his base in Nashville. A prolific author of works including The End of Prosperity and Trumponomics, Dr. Laffer continues to shape the global conversation on fiscal policy and market incentives. #Economics #TaxReduction #Deregulation #MonetaryPolicy #TradePolicy #SupplySideEconomics #GoldStandard #Cryptocurrency #Inflation #DebtCrisis #FiscalPolicy #PrivateMoney #EconomicGrowth #GlobalEconomy #GeopoliticalRisk