We discuss the recent collapse of First Republic Bank, its systemic, institutional causes, and what could be done to resolve these issues overnight. Notes: Analysis: U.S. banks face trillion-dollar reverse repo headache https://www.reuters.com/business/finance/us-banks-face-trillion-dollar-reverse-repo-headache-2022-08-02/ First Republic, he added, “lost so much in deposits, they have to replace that funding somehow, so they’re doing it with borrowing.”… Continue reading The First Republic Bank Collapse: Systemic Causes & Cures (Ep.99)
Tag: mmt
Irida TV Guest Appearance: Tommy Nation Politics (Ep.98)
Dylan Moore from Irida TV joins Tommy Nation Politics to discuss where the right and the left have a lot less to fight about than they think they do. Economics, Trump 2024, why the far right are a bunch of LARPers, why there is no silver bullet, Dominian lawsuit settlement and why voting machines violate… Continue reading Irida TV Guest Appearance: Tommy Nation Politics (Ep.98)
The SVB Collapse & Banking Basics Explained (Ep.93)
We delve into a detailed discussion into how banking works and what happened during the lead-up to the collapse of Silicon Valley Bank. A lot of self proclaimed experts are coming out of the woodwork to proclaim another 2008 banking crisis. If you want to make sense of the fog and confusion you should most… Continue reading The SVB Collapse & Banking Basics Explained (Ep.93)
Universal Healthcare Debate – Progressive VS Libertarian Solutions (Ep.88)
We debate the topic of Universal Healthcare with our friend Tommy From Tommy Nation Politics. Can the US Treasury afford such a massive spending program? Would it solve systemic corruption and inefficiencies in the US healthcare system? These and many more questions are debated. Notes: World Health Organization’s definition of Universal Healthcare https://www.who.int/health-topics/universal-health-coverage Tommy Nation… Continue reading Universal Healthcare Debate – Progressive VS Libertarian Solutions (Ep.88)
The Truth About The Debt Ceiling Debate (Ep.87)
We discuss the recurring drama surrounding the US government’s debt ceiling, and how a comprehensive understanding of modern monetary theory and public finance can help you eliminate a lot of fog and confusion regarding the topic. Notes: Timcast IRL – Let’s Put An Actual Ceiling On Debt https://timcast.com/video/timcast-irl-letandamp39s-put-an-actual-ceiling-on-debt-shorts/ US warned of defaults https://www.rt.com/business/569848-us-default-debt-limit-hike/?utm_source=rss&utm_medium=rss&utm_campaign=RSS Dave Brat… Continue reading The Truth About The Debt Ceiling Debate (Ep.87)
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)
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)
How Cryptocurrency & Modern Monetary Theory Go Hand In Hand (Ep.20)
Nima and Dylan discuss the early days of the cryptocurrency revolution, the history of Bitcoin’s different forks, how Modern Monetary Theory thoroughly explains the value of cryptocurrencies (a topic that Nima and Dylan have pioneered and discussed for years), and which cryptocurrency and alt-tech projects appear interesting and genuinely useful in today’s environment. Notes: Early… Continue reading How Cryptocurrency & Modern Monetary Theory Go Hand In Hand (Ep.20)
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)
The 7 Deadly Innocent Frauds Of Economic Policy – With MMT Founder Warren Mosler (Ep.9)
Warren Mosler, entrepreneur and founder of Modern Monetary Theory (MMT), joins us to discuss his book “The 7 Deadly Innocent Frauds of Economic Policy,” to share some eye opening experiences when discussing sound economics with statesmen and bureaucrats from around the world, and to weigh in on current inflation expectations. Notes: Warren Mosler’s book “The… Continue reading The 7 Deadly Innocent Frauds Of Economic Policy – With MMT Founder Warren Mosler (Ep.9)