Fractional reserve banking and its economic impact drive a compelling discussion we unpack Mike Maloney’s “Hidden Secrets of Money,” exposing systemic flaws and political missteps. Notes: The Biggest Scam In The History Of Mankind – Hidden Secrets of Money Ep 4 https://www.youtube.com/watch?v=iFDe5kUUyT0&t=12s&ab_channel=GoldSilver
Tag: inflation
Just Get Rid of It! | An MMT Perspective of The IRS (Ep. 162)
Federal taxes do not fund government operations; money must be created before it can be collected. This fundamental insight reframes the role of taxation, the IRS, and national budgeting.
Modern Monetary Theorem! (Ep. 155)
Critics of Modern Monetary Theory frequently rely on misrepresentations rather than engaging with its actual principles. We examines a Zero Hedge critique, demonstrating why MMT’s view on money creation and deficits is not just theory but an explanation of how economies function. Notes: How Modern Monetary Theory Advocates View Money & The State https://www.zerohedge.com/economics/how-modern-monetary-theory-advocates-view-money-state My… Continue reading Modern Monetary Theorem! (Ep. 155)
Energy, Immigration, and Inflation: What’s Next for the U.S.? (Ep. 148)
Trump’s economic blueprint proposes revitalizing America through tariffs, domestic energy expansion, and immigration reform. These strategies promise economic revival but face scrutiny over potential ripple effects on costs, wages, and international trade. Notes: Four Key Economic Takeaways From Trump’s Inaugural Address https://www.investopedia.com/four-key-economic-takeaways-from-trump-inaugural-address-inflation-oil-drilling-tariffs-immigration-8777382
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)
Why The Dollar Refuses To Fail (Ep.95)
We discuss international currency market mechanics and why the US Dollar habitually defies the doomsayers’ predictions. Notes: Gloomy outlook issued for US dollar https://www.rt.com/business/574287-us-dollar-gloomy-outlook/ “No Reason” For Malaysia To Rely On US Dollar, PM Warns As Yuan Influence Grows https://www.zerohedge.com/geopolitical/no-reason-malaysia-rely-us-dollar-pm-warns-yuan-influence-grows China, Brazil Strike Deal To Ditch Dollar For Trade https://www.barrons.com/news/china-brazil-strike-deal-to-ditch-dollar-for-trade-8ed4e799 Mike Norman: Is everybody dumping… Continue reading Why The Dollar Refuses To Fail (Ep.95)
The Gold Standard & Monetary History (Ep.84)
We discuss the history of money and the arguments for and against the gold standard, cross referencing in part sections from Prof. Carroll Quigley’s “Tragedy & Hope” and Dr. E. Michael Jones’s “Barren Metal.” Notes: “Barren Metal” by Dr. E. Michael Jones https://www.fidelitypress.org/book-products/barren-metal “Tragedy & Hope” by Carroll Quigley https://www.goodreads.com/en/book/show/726546.Tragedy_and_Hope “Debt – The First 5000… Continue reading The Gold Standard & Monetary History (Ep.84)
MMT VS Austrian Economics: Why Do Dollars & Cryptocurrency Have Value? (Ep. 63)
Dylan & Nima discuss the so called Inflation Reduction Act, Modern Monetary Theory, cryptocurrency, Anarcho-capitalism, and many other related topics. Notes: Grand Theft World podcast https://grandtheftworld.com/ Inflation Reduction Act https://taxfoundation.org/inflation-reduction-act/ Find all our content at https://irida.tv
Lifelong Financial Security In 30 Minutes – The Permanent Portfolio (Ep.40)
Nima and Dylan discuss Harry Browne’s Permanent Portfolio, including how and why economic fundamentals affect the assets in the portfolio. Notes: Harry Browne’s book Failsafe Investing https://us.macmillan.com/books/9780312263218/failsafeinvesting Harry Browne https://en.wikipedia.org/wiki/Harry_Browne Permanent Portfolio assets https://external-content.duckduckgo.com/iu/?u=http%3A%2F%2Fwww.rational-invest.com%2Foampevoa%2F2015%2F05%2Fbrown_permanentportfolio.png&f=1&nofb=1 Kalecki’s Corporate Profit Equation https://www.philosophicaleconomics.com/2013/11/cp/ When bonds aren’t bonds https://www.pragcap.com/when-bonds-arent-bonds/ Discounted Cashflow Analysis https://www.investopedia.com/terms/d/dcf.asp Yield curve control in Japan https://www.sipa.columbia.edu/academics/capstone-projects/bank-japan-japan-yield-curve-control-regime Inverted… Continue reading Lifelong Financial Security In 30 Minutes – The Permanent Portfolio (Ep.40)
Modern Monetary Theory Isn’t The Future, It’s Here Now – With MMT Founder Warren Mosler (Ep.19)
Warren Mosler joins us to discuss inflation, Medicare for all, and a Wall Street Journal article about Modern Monetary Theory (MMT). Notes: “Modern Monetary Theory Isn’t the Future. It’s Here Now.” https://www.wsj.com/articles/modern-monetary-theory-isnt-the-future-its-here-now-11637446538 Warren Mosler’s website Mosler Economics http://moslereconomics.com/ Warren Mosler’s Twitter https://twitter.com/wbmosler “Inflation is up 6.8% over the past year, the largest rate increase since… Continue reading Modern Monetary Theory Isn’t The Future, It’s Here Now – With MMT Founder Warren Mosler (Ep.19)