View the full 28-minute interview at http://www.goldmoney.com/huerta-de-soto-interview. In this video, Jesús Huerta de Soto, Professor of Political Economy at Rey Juan Carlos University, Madrid, explains why gold would likely play a role in a free-market monetary system, but states that a gold standard system can only work in an 100 per cent bank reserve system. De Soto argues that the popularity of banking theories is irrelevant in assessing their validity.