Episode notes
My friend and fellow student of money codenamed "Lester" joins me for a multi-episode conversation exploring the excellent book "The Twilight of Gold" by Melchior Palyi.
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// OUTLINE //
00:00:00 - Coming up
00:00:58 - Intro
00:02:31 - Helping Lightning Startups with In Wolf's Clothing
00:03:17 - Current Situation of the Bitcoin Market Price
00:07:30 - Decay of the System: Vietnam War and FTX Scandal
00:36:42 - Self-Preservation and Self-Deception
00:38:30 - The Oracle for Truth
00:43:54 - The Predictability of Assets
00:45:51 - Run Your Business from Anywhere with NetSuite
00:46:56 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet
00:47:52 - Myth Two: Capitalism & the Great Depression
00:53:26 - Price Camouflage in 20th Century
01:00:15 - Inflation Harvests Additional Productivity
01:04:46 - Economic Theory and Observational Data
01:07:15 - Why Fractional Reserve Banking is Insolvent and Fraudulent
01:19:32 - Enhance Your Brain Power with Mind Lab Pro
01:20:39 - Take Control of Your Healthcare with CrowdHealth
01:21:41 - Increase in Total Outstanding Reserve
01:23:46 - 10 Ways to Control Total Bank Reserve
01:28:41 - Main Inflationary Factor
01:33:33 - Britain's Switch Back to Gold Standard
01:38:29 - Uncontrolled Factors and Increase in Controlled Reserves
01:42:29 - The Deflationary Period
01:44:41 - The Great Depression: Why and How
01:46:35 - Bad Outcomes of Central Planning
01:50:45 - Missing the Perspective of Consequences
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