5min chapter

Cashflow Ninja cover image

728: Richard Duncan: The Money Revolution

Cashflow Ninja

CHAPTER

Investing in the Real Asset Market

The most significant development in the fed's history really was it occurred in 19 68. That year the fed no longer had enough gold to back the money that it created. Next, this allowed the us. Government to run larger budget deficits,. And now total credit is almost 90 trillion dollars. So we've gone from one trillion dollars of total credit in 19 64, when i was three, to nearly 90 trillion dollars of credit now.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode