We discuss questions, feedback, and comments we’ve recently received about public finance, economics, and the monetary system. Among other things we discuss the nature of public vs private debt, libertarian morals, bronze & gold money, the public vs private nature of the US Federal Reserve Bank, fiat vs commodity money, and fractional reserve banking. Notes:… Continue reading MMT, Monetary History, Gold & Why the National Debt Doesn’t Matter (Ep. 147)
Category: Economics
Argentina Revisited (Ep. 146)
We discuss the economic situation in Argentina, following up on a previous episode we recorded when Javier Milei was elected President. Notes: *Correction: When discussing savings drain on the Argentinian private sector we meant $ billions, not trillions. Argentina Economic Numbers Discussed in Video: https://www.youtube.com/watch?v=dKZmYDiNfvI https://tradingeconomics.com/argentina/inflation-cpi https://tradingeconomics.com/argentina/current-account https://tradingeconomics.com/argentina/gdp-growth https://tradingeconomics.com/argentina/government-budget-value Irida.TV Javier Milei – Based Rebel… Continue reading Argentina Revisited (Ep. 146)
How to Leverage Debt and Usury Against Itself (Ep.138)
Would you be surprised to learn that your schooling experience didn’t provide you the tools to use loans and debt products to your advantage? For most people, interest is the second biggest expense in their lives after taxes. What if I told you you’ve been trained to pay 80% interest while thinking you’re paying 6%?… Continue reading How to Leverage Debt and Usury Against Itself (Ep.138)
Jimmy Dore Sounds Alarm on Accelerating National Debt! Does the national debt even matter? (Ep.131)
Jimmy Dore is close to understanding the monetary system and just needs some coaxing to get over the finish line. The national debt isn’t as big of a deal as everyone makes it out to be. The Federal Reserve is a public institution. The interest on the “debt” held by the Federal Reserve gets paid… Continue reading Jimmy Dore Sounds Alarm on Accelerating National Debt! Does the national debt even matter? (Ep.131)
Why the Debt Ceiling is Nonsense | Stop Freaking Out (Ep.128)
The national debt and the debt ceiling are fake issues devised to keep us fighting over nothing. Interest rates are an arbitrary political decision. It’s impossible for the US government to borrow US dollars. The government needs to spend before it can tax. The Federal Reserve is a public institution. Stop worrying about the debt… Continue reading Why the Debt Ceiling is Nonsense | Stop Freaking Out (Ep.128)
Sorry Guys… But the Federal Reserve Isn’t Private (Ep.118)
WHAT?! The Federal Reserve is totally private? No way. Dylan of Irida TV kills a sacred cow by going over just how the Federal Reserve functions and, sorry to burst everyone’s bubble, comes to the conclusion that The Fed is very much a government organization. Show Notes: The Federal Reserve Act: https://www.federalreserve.gov/aboutthefed/fract.htm Eligibility of Federal… Continue reading Sorry Guys… But the Federal Reserve Isn’t Private (Ep.118)
Javier Milei – Based Rebel or Globalist Shill? (Ep.117)
We discuss implications of the Argentine presidential election results where victory was handed to “Argentina’s Trump” Javier Milei whom many refer to as a far right market radical who doesn’t care about the poor. We delve into the root causes of Argentina’s economic struggles and how they should be addressed in the long run. Notes:… Continue reading Javier Milei – Based Rebel or Globalist Shill? (Ep.117)
Economics Requires Morality with Dr E Michael Jones (Ep.112)
Dr. E Michael Jones joins us at IridaTV to discuss his pivotal work on economics, Barren Metal. What is the most fundamental and important aspect of an economy? Who should benefit from and what is the value of labor? How do you extract value from others’ labor without doing any work? Dr Jones answers within!… Continue reading Economics Requires Morality with Dr E Michael Jones (Ep.112)
Banking Without Usury: A Thought Experiment (Ep.111)
In a financial system where we have a banking system that generates money out of nothing, what is the purpose of borrowers paying any interest at all? What is the societal purpose of banks to begin with? If usury is wrong at any level, even at a 1% interest, how could we have a banking… Continue reading Banking Without Usury: A Thought Experiment (Ep.111)
What’s Wrong with the Official Banking Narrative? (Ep. 110)
We discuss the mainstream narratives of banking and economics and examine glaring flaws in it, referencing an analysis by economist Prof. Richard Werner. Notes: Shifting from Central Planning to a Decentralised Economy https://professorwerner.org/shifting-from-central-planning-to-a-decentralised-economy/ Find all our content at https://irida.tv Check out our forbidden news aggregator at https://dissentwatch.com