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)
Tag: fractional reserve banking
How Do Money & Banking Actually Work? (Ep.66)
Dylan and Nima discuss three different theories of money and banking and which one appears to be most accurate, based on a 2018 Rhodes Forum conversation involving Prof. Richard Werner, author of the international bestseller “Princes of the Yen.” Notes: Conversation with Prof. Richard Werner https://www.youtube.com/watch?v=8FT-zyTX2nE Prof. Richard Werner https://en.wikipedia.org/wiki/Richard_Werner Princes of the Yen https://en.wikipedia.org/wiki/Princes_of_the_Yen… Continue reading How Do Money & Banking Actually Work? (Ep.66)