The "What is Money?" Show

America's Great Depression | The Twilight of Gold Series | Episode 16 (WiM404)

Episode Summary

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.

Episode Notes

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. 

// GUEST // 
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// OUTLINE // 
00:00:00 - Coming up 
00:00:58 - Intro 
00:02:31 - Helping Lightning Startups with In Wolf's Clothing 
00:03:17 - Current Situation of the Bitcoin Market Price 
00:07:30 - Decay of the System: Vietnam War and FTX Scandal 
00:36:42 - Self-Preservation and Self-Deception 
00:38:30 - The Oracle for Truth 
00:43:54 - The Predictability of Assets 
00:45:51 - Run Your Business from Anywhere with NetSuite 
00:46:56 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 
00:47:52 - Myth Two: Capitalism & the Great Depression 
00:53:26 - Price Camouflage in 20th Century 
01:00:15 - Inflation Harvests Additional Productivity 
01:04:46 - Economic Theory and Observational Data 
01:07:15 - Why Fractional Reserve Banking is Insolvent and Fraudulent 
01:19:32 - Enhance Your Brain Power with Mind Lab Pro 
01:20:39 - Take Control of Your Healthcare with CrowdHealth 
01:21:41 - Increase in Total Outstanding Reserve 
01:23:46 - 10 Ways to Control Total Bank Reserve 
01:28:41 - Main Inflationary Factor 
01:33:33 - Britain's Switch Back to Gold Standard 
01:38:29 - Uncontrolled Factors and Increase in Controlled Reserves 
01:42:29 - The Deflationary Period 
01:44:41 - The Great Depression: Why and How 
01:46:35 - Bad Outcomes of Central Planning 
01:50:45 - Missing the Perspective of Consequences

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