Why The Dollar Isn't Money - PART 2
January 12, 2021
In episode 6, we introduced the distinction between money and fiat currency, discussing what gives the dollar – or any fiat currency – its value. Now, we continue that conversation discussing additional characteristics of money, and illustrate how a false definition of money can lead to a corrupt state that wields blank checks.
In this episode:
- Essential characteristics of money
- Thinking like a monetary scientist
- Friction in money & credit
- Why marginal utility matters so much
- Insights from the habits of humans - and gold - over 5000 years
Earn Interest on Your Gold and Silver with Monetary Metals
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🪙 Upgrade Your Gold https://youtu.be/Oj7zvdpdpt4
🏆 Gold Passive Income https://buff.ly/3tMUlFj
🔐 The New Way to Hold Gold https://buff.ly/3xoCgNm
📈 The Case for Gold Yield in Investment Portfolios https://buff.ly/3N0UGco
🧠 How NOT to Think About Gold https://bit.ly/3LhiR7t
📊 Risk Return Spectrum in Gold https://buff.ly/3MDYYXu