
Is Gold the Only Real Money? The Hidden History of Gold and the Truth About Inflation (ep. 247)
From WS Podcast by Woj Salski
May 25, 2026 · 1h 3m · Season 18 · Episode 10
About this episode
Woj Salski explores the historical significance of gold as money and its implications for modern financial systems and inflation.
Is gold the only form of money that has truly stood the test of time? In this episode of the WS Podcast, Woj explores the powerful ideas from *The Secret History of Gold by Dominic Frisby, uncovering how gold has shaped civilizations, and why it may still be the ultimate store of value today. From ancient empires to modern financial systems, gold has remained a constant. But what changed when we moved to fiat money? In this episode, we break down: why gold has been used as money for thousands of years the difference between hard money and fiat currency how money printing and inflation erode purchasing power the hidden flaws in CPI and inflation measurement the Cantillon Effect and who really benefits from money creation We also explore practical strategies for protecting your wealth in today’s system, including: investing in physical gold and silver understanding self-custody and financial sovereignty building long-term and generational wealth Gold is not just a commodity, it’s a form of stored energy, time, and value that has outlasted every paper currency in history. If you want to understand how money really works, why inflation is unavoidable in fiat systems, and how to…
People in this episode
Host: Woj Salski
Topics covered
- gold
- money
- inflation
- financial systems
- wealth protection
Keywords
- gold
- fiat currency
- inflation
- wealth protection
- CPI
- Cantillon Effect
- financial sovereignty
Mentioned in this episode
Books & works: The Secret History of Gold
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