Traditionalist Economics: Sovereign Creation of the Money Supply

About this episode

The episode explores the responsibility for the money supply through the lens of Traditionalist Economics and Catholic thinkers.

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

People in this episode

Host: Theo Howard

Topics covered

• Traditionalist Economics
• money supply
• inflation
• fractional reserve banking
• gold standard
• Catholic economic solutions

Keywords

• Traditionalist Economics
• money supply
• inflation
• fractional reserve banking
• gold standard
• Catholic economics
• usury money
• Medieval economic stability

More episodes of The Two Cities Podcast

• Americanism | American Reform · June 2, 2026 · 2h 0m
• Traditionalist Economics: The Just Price and Just Wages | Thomas Storck · May 22, 2026 · 1h 34m
• The Five Stages of Grief among Catholics · January 7, 2026 · 1h 31m
• INFERNO: A Journey Through Modern Hell in Search of Eternal Truth | Augustine Virgil · December 8, 2025 · 1h 42m
• Tyranny and Ritual Humiliation | Will Tucker · November 26, 2025 · 1h 28m
• The Little Way of Christendom: Organic Integralism · November 10, 2025 · 1h 2m