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Resilient Wealth in an Era of Infinite Money
Manage episode 506944033 series 2137790
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
Speech by Richard Nixon (15 August 1971)—CVCE
US - Total Market Cap Divided by M2 Money Supply—MacroMicro
Does Quantitative Easing Affect Inequality: Evidence from the US - Nektarios Michail
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
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
559 episodes
Manage episode 506944033 series 2137790
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
Speech by Richard Nixon (15 August 1971)—CVCE
US - Total Market Cap Divided by M2 Money Supply—MacroMicro
Does Quantitative Easing Affect Inequality: Evidence from the US - Nektarios Michail
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
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
559 episodes
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