The Power of Myth | The Twilight of Gold Series | Episode 14 (WiM362)

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. 

Twitter: https://twitter.com/ProgrammableTx 
Book: https://www.amazon.com/dp/B0006C31O4 

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// OUTLINE // 
00:00:00 - Coming up 
00:00:43 - Intro 
00:02:16 - Helping Lightning Startups with In Wolf's Clothing 
00:03:02 - Planting Seeds of Knowledge about Bitcoin 
00:05:45 - How to Approach People about Bitcoin 
00:07:48 - Value of Money and Productive Investment 
00:10:50 - The Central Myth of the Central Bank 0
0:12:08 - The List of Myths 
00:15:17 - Non-Monetary Events Cause Credit Inflation 
00:20:38 - Monetary Events on a Bitcoin Standard 
00:24:24 - What If the Government Possessed Bitcoin Savings 
00:26:52 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 
00:27:48 - How the British Pound Lost the Status of Global Reserve 
00:32:48 - Using the Gold Standard for Human Politics 
00:37:15 - The Correlation between Unemployment and Inflation 
00:39:13 - Numbers Lead to Myths, Myths Lead to Power 
00:41:13 - The Key Man Risk 
00:42:33 - Using Numbers to Control the Narrative 
00:46:09 - The Current Narrative 
00:49:56 - Global Reserve Currency Status Dilemma 
00:54:39 - Trading Different Currencies Against One Another 
00:57:24 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
00:58:12 - First Myth: Britain's Shift to Gold Standard in 1925 
01:04:25 - Social Justice vs. Gold: The Value of Myth 
01:22:04 - Using the Gold Standard for Political Tyranny 
01:24:05 - Applying Popular Narrative for Deceptive Ideology 
01:26:31 - Inflation Creates Allies of Inflation 
01:29:04 - Breaking the Deception of Nominal Values 
01:31:12 - Where to Find "Lester" on the Internet

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