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)
Tag: money
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)
The Spontaneous Death Of Globalism – Part 3 (Ep.82)
We continue the discussion of Peter Zeihan’s book “The End of the World is just the Beginning”, focusing on his financial and demographic analysis of the current state of the disintegrating world of global trade, and delving into some observations regarding specific countries around the world. We also share thoughts as to how and why… Continue reading The Spontaneous Death Of Globalism – Part 3 (Ep.82)
The Case For Student Loan Forgiveness (Ep.67)
Nima and Dylan discuss the case for student loan forgiveness and the common arguments made for and against it. What about moral hazard? Why should the taxpayer throw money at irresponsible, lazy students after they made dumb choices? And what about the inevitably ensuing inflation?? Notes: Find all our content & social media at https://irida.tv
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)
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)
Austerity Is Murder – An Introduction To Modern Monetary Theory (Ep.4)
Dylan and Nima of Irida TV discuss the empirical and logical foundations of Modern Monetary Theory (MMT) and why it offers immensely mind blowing and valuable financial insights for public officials and private individuals alike. Corrections: Nima meant “heterodox,” not “heterogeneous.” Notes: “Debt – The First 5000 Years” by David Graeber https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years Economist Randy Wray… Continue reading Austerity Is Murder – An Introduction To Modern Monetary Theory (Ep.4)