America is standing at a financial crossroads. With nearly $38 trillion in national debt, endless money creation, and growing economic instability, the consequences are no longer theoretical, they’re personal. On Economic War Room with Kevin Freeman, I sat down with renowned economist Dr. Judy Shelton, author of Good as Gold, to confront the hard truths about our monetary system and explore real solutions rooted in history, faith, and free markets. This conversation goes beyond politics or theory. It’s about restoring honest money, protecting families, and advancing christian financial planning grounded in biblical principles.

Stream Economic War Room with Kevin Freeman on the Real Life Network.

The Debt Crisis No One Can Ignore

America’s debt isn’t slowing down, it’s accelerating. When I wrote Pirate Money just two years ago, we were near $32 trillion. Today, we’re approaching $38 trillion, and the Federal Reserve continues creating money with a keystroke.

Why This Matters to Everyday Americans

Inflation isn’t an accident. It’s the direct result of a system designed to finance government spending rather than productive work. As Dr. Shelton explained, money is supposed to be:

  • A unit of account
  • A means of exchange
  • A store of value

When money fails at these three jobs, families lose purchasing power, savings are quietly confiscated, and long-term planning becomes impossible.

When Central Banking Replaces Honest Weights

Biblical Economics Meets Modern Reality

Dr. Shelton made a powerful point that resonates deeply with a biblical worldview:

“Honest weights and measures are biblical.”

Scripture warns against false balances, and yet modern monetary policy deliberately erodes the value of the dollar year after year. Even a so-called “modest” 2% inflation means a 20% loss of value in a decade. That’s not stability. That’s debasement. This is why christian financial planning must account for monetary integrity. You cannot steward resources faithfully when the measuring stick itself keeps changing.

The Federal Reserve and the Illusion of Control

Unlimited Money, Unlimited Consequences

Federal Reserve officials openly admit they can create unlimited money. As Dr. Shelton explained, this happens when the Fed buys Treasury debt and credits bank accounts instantly without any new production or value created. The result?

  • More money chasing the same goods
  • Higher prices
  • A growing wealth gap
  • Increased dependence on government

History shows where this leads, from Weimar Germany to Zimbabwe. Superpowers are not immune from collapse.

Gold, the Constitution, and Economic Freedom

Why Gold Still Matters

Gold isn’t nostalgia. It’s discipline. Dr. Shelton reminded us that the Founders embedded sound money into the Constitution for a reason. Article I treats money the same way it treats weights and measures, because both must be objective, stable, and trustworthy.

That’s why gold-backed systems:

  • Limit government abuse
  • Protect individual liberty
  • Restore trust in money

Even former Fed Chairs like Alan Greenspan and Paul Volcker acknowledged gold’s role as an anchor against fiscal irresponsibility.

‍Treasury Trust Bonds: A Market-Based Solution

Funding Government Without Mandates

One of the most compelling ideas from Good as Gold is Treasury Trust Bonds, government bonds redeemable in either dollars or gold.

Why this matters:

  • Investors choose sound money voluntarily
  • Markets, not mandates, discipline government
  • Confidence replaces coercion

This complements the state-level sound money movement we’ve advanced in Texas, Florida, Arkansas, and beyond, representing over $5 trillion in combined GDP.

Faith, Freedom, and the Path Forward

Economic Integrity Is a Moral Issue

Economic freedom isn’t just about prosperity, it’s about responsibility. When money is honest, people can plan, save, give, and build generationally. That’s why the mission of Economic War Room with Kevin Freeman is clear:

What the marketplace sees as business, our enemies see as a battlefield.

Sound money is not fringe. It’s foundational.

Stream Economic War Room with Kevin Freeman on the Real Life Network.