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Resilient Wealth in an Era of Infinite Money

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Manage episode 506944033 series 2137790
Content provided by Money For the Rest of Us and J. David Stein. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Money For the Rest of Us and J. David Stein or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

What happens when the money supply grows too slowly or too quickly? From gold-standard deflation to QE-driven inflation and inequality, we trace the lessons of monetary history, and what we can do today to protect ourselves in an age of infinite money.

Topics covered include:

  • How is the money supply measured, and why is it a subjective exercise
  • What is an example of a negative money shock
  • Why an optimal monetary policy would lead to deflation, and why that is a good thing
  • What causes inflation
  • How quantitative easing contributed to wealth inequality
  • What is demurrage currency
  • The unorthodox way Richard Nixon sought to combat high inflation and a strong dollar
  • How to increase our wealth in an era of infinite money

Show Notes

Distribution of Household Wealth in the U.S. since 1989—The Federal Reserve

M2 (M2SL)—FRED

Good Versus Bad Deflation: Lesson from the Gold Standard Era by Michael D. Bordo, John Landon Lane, and Angela Redish—NBER

Speech by Richard Nixon (15 August 1971)—CVCE

US - Total Market Cap Divided by M2 Money Supply—MacroMicro

Did Quantitative Easing Increase Income Inequality? by Juan Antonio Montecino and Gerald Epstein—CEPWeb

Does Quantitative Easing Affect Inequality: Evidence from the US - Nektarios Michail

Demurrage currency—Wikipedia

Debt: The First 5,000 Years by David Graeber

Related Episodes

482: Unlocking the Power of Positive Skewness: Strategies for Investing, Business, and Creativity

431: The Long-term Bullish Case for Gold

336: Own What Is Real

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

559 episodes

Artwork
iconShare
 
Manage episode 506944033 series 2137790
Content provided by Money For the Rest of Us and J. David Stein. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Money For the Rest of Us and J. David Stein or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

What happens when the money supply grows too slowly or too quickly? From gold-standard deflation to QE-driven inflation and inequality, we trace the lessons of monetary history, and what we can do today to protect ourselves in an age of infinite money.

Topics covered include:

  • How is the money supply measured, and why is it a subjective exercise
  • What is an example of a negative money shock
  • Why an optimal monetary policy would lead to deflation, and why that is a good thing
  • What causes inflation
  • How quantitative easing contributed to wealth inequality
  • What is demurrage currency
  • The unorthodox way Richard Nixon sought to combat high inflation and a strong dollar
  • How to increase our wealth in an era of infinite money

Show Notes

Distribution of Household Wealth in the U.S. since 1989—The Federal Reserve

M2 (M2SL)—FRED

Good Versus Bad Deflation: Lesson from the Gold Standard Era by Michael D. Bordo, John Landon Lane, and Angela Redish—NBER

Speech by Richard Nixon (15 August 1971)—CVCE

US - Total Market Cap Divided by M2 Money Supply—MacroMicro

Did Quantitative Easing Increase Income Inequality? by Juan Antonio Montecino and Gerald Epstein—CEPWeb

Does Quantitative Easing Affect Inequality: Evidence from the US - Nektarios Michail

Demurrage currency—Wikipedia

Debt: The First 5,000 Years by David Graeber

Related Episodes

482: Unlocking the Power of Positive Skewness: Strategies for Investing, Business, and Creativity

431: The Long-term Bullish Case for Gold

336: Own What Is Real

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

559 episodes

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