186 min listen
The Problems with Price Inflation | The Twilight of Gold Series | Episode 11 (WiM182)
The Problems with Price Inflation | The Twilight of Gold Series | Episode 11 (WiM182)
ratings:
Length:
105 minutes
Released:
Jun 30, 2022
Format:
Podcast episode
Description
My friend and fellow student of money codenamed "Lester" joins me for a multi-episode conversation exploring the excellent book "The Twilight of Gold" by Melchior Palyi. Be sure to check out Swan Private, the trusted Bitcoin financial services provider for high-net-worth individuals and businesses worldwide: https://www.swanprivate.com/breedloveGUESTLester's Twitter: https://twitter.com/ProgrammableTxBOOKThe Twilight of Gold: https://archive.org/details/twilightofgold190000paly/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript: OUTLINE00:00:00 “What is Money” Intro00:00:08 Learn about Bitcoin with Swan Private at SwanPrivate.Com00:01:37 Power of Choice & the Inability to Change People by Force00:07:21 Learning about Bitcoin requires "Proof Of Work"00:10:09 Explaining America's Financial Balance Sheet00:14:16 Answering, "What are the Big Threats to Bitcoin?"00:17:41 Being Anonymous & Discussing Bitcoin Supply00:22:33 Explaining "Loan to Value Ratio"00:28:35 Discussing the Fed's Conondrum00:33:04 Central Banking Experiment00:36:17 The Breakdown of the Credit System in London during WW100:40:28 Future of Bitcoin Transactions, KYC & Holding Hard Money during Hyper-Inflation00:44:36 National Debt & Expansion of the Money Supply during WW100:51:22 Watch "Hard Money with Natalie Brunell" From Swan Studios & Bitcoin Magazine00:52:08 Take Control of Your Healthcare with CrowdHealth00:53:17 Occam's Razor with Money Printing & Inflation00:57:17 Praxeology, The Study of Human Action01:00:22 Inflation & Currency Devaluation in Germany during WW101:08:16 People not understanding Unit Bias & Humans innate desire for "NGU"01:13:12 Why Inflation can't be undone without paying back the Debt01:19:48 Asset Inflation Hypnotizing people with "NGU"01:22:08 Explaining the Issues with Price Inflation01:25:29 Money Printing leading to Misallocation of Capital01:32:10 Moving into a Bitcoin Standard while needing to hold Dollars01:40:10 How Bitcoin Incentivizes Economic Gain for Society01:44:45 "What is Money" OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22 WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSESSwan Private guides high-net-worth individuals and businesses in all areas of Bitcoin strategy: https://www.swanbitcoin.com/private/CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breedloveOkcoin is an innovative and education-focused cryptoasset exchange platform—earn $50 in free Bitcoin by signing up at: https://okcoin.com/breedloveJoin Me At Bitcoin 2023, pre-order your tickets now (discount code BREEDLOVE): https://b.tc/conference/2023Automatic Recurring Bitcoin Buys and Withdrawals: https://www.swanbitcoin.com/breedlove/
Released:
Jun 30, 2022
Format:
Podcast episode
Titles in the series (100)
Dear Eric Weinstein: In April 2020, after watching Eric Weinstein’s appearance on Joe Rogan (episode #1453), Chris Espley wrote a thread on Twitter which gave a Bitcoiner’s perspective on some of the societal problems Weinstein had identified. Bitcoiners aren’t a homogenous group, but the thread proved popular, suggesting the themes resonated with a significant number of Bitcoiners and explained their perspective well. In this episode of the What is Money? Show, Robert Breedlove and Chris Espley explore and expand on the themes discussed within the original thread. by The "What is Money?" Show