Episode Details

In part one of this series I describe two important schools of thought on the global monetary system and the future of the dollar: the Dollar Milkshake and the Eurodollar. Then I try to establish a definition for inflation as a monetary phenomenon based on mainstream Milton Friedman, Mises and my own defintition. Lastly, I ask the question if what we think of as monetary expansion today, is actually monetary expansion.

In part two, I'll discuss the differences I see between debt based money, fiat and commodity money.

Website: https://bitcoinandmarkets.com/e211

Brent Johnson Dollar Milkshake:  https://www.youtube.com/watch?v=2qTOWuL7Zco 

Jeff Snider Eurodollar University:  https://alhambrapartners.com/commentaryanalysis/ 

Milton Friedman: https://hyp.is/noW7qIMXEeqhrfee8b0bew/en.wikiquote.org/wiki/Milton_Friedman 

Mises:  https://hyp.is/GEy2cIKmEeq7Nh9KeQH1ug/mises.org/library/economic-freedom-and-interventionism/html/p/123