Jeff Snider joins me for a multi-episode conversation exploring the evolution of money and central banking throughout the 20th and 21st centuries.
Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/
GUEST
Jeff's twitter: https://twitter.com/JeffSnider_AIP
Jeff's writing: https://alhambrapartners.com/author/jsnider/
PODCAST
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:
OUTLINE
00:00:00 “What is Money?” Intro
00:00:08 The Obfuscation of the Eurodollar System
00:01:49 “Money Is Not Wealth”
00:04:21 Money as a “Call Option” on Wealth
00:08:00 The Infinite Elasticity of Fiat Currency
00:15:00 Capitalism's Great Secret
00:19:20 Stock to Flow: The Fed Edition
00:25:20 Inherent Flaws of Humanity
00:32:09 The Elasticity of the Money Supply
00:34:04 Banks: The Great Intermediary of Money & Commerce
00:36:25 NYDIG
00:37:31 The Creature from Jekyll Island
00:39:45 Fractional Reserve Leverage of 1917
00:42:50 The Pre-Greenspan Put
00:47:17 Every Generation Thinks they Invented Sex
00:52:17 What do you do once you're Captured by Inflation?
00:59:32 Gravitation towards Authoritarianism in Trying Times
01:04:26 The Influence of the Flow of Gold
01:08:08 Bretton Woods & the U.S. Dollar Standard
01:14:05 Triffin Paradox, Bretton Woods Default & the Eurodollar Derivative
01:23:47 Benign Neglect
SOCIAL
Breedlove Twitter: https://twitter.com/Breedlove22
WiM? Twitter: https://twitter.com/WhatisMoneyShow
LinkedIn: https://www.linkedin.com/in/breedlove22/
Instagram: https://www.instagram.com/breedlove_22/
TikTok: https://www.tiktok.com/@breedlove22?lang=en
All My Current Work: https://linktr.ee/breedlove22
WRITTEN WORK
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/
WAYS TO CONTRIBUTE
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7
Sats via Strike: https://strike.me/breedlove22
Sats via Tippin.me: https://tippin.me/@Breedlove22
Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove
Dollars via Venmo: https://venmo.com/code?user_id=1784359925317632528
The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true
RECOMMENDED BUSINESSES
Worldclass Bitcoin Financial Services: https://nydig.com/
Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217
Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmg
Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/
Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/
Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22