728: Richard Duncan: The Money Revolution
Cashflow Ninja
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.
My guest in this episode is Richard Duncan. Richard is the author of four books analyzing the causes and the effects of the economic crises that have brought the global economy to the brink of collapse during recent decades.
The Dollar Crisis: Causes, Consequences, Cures (2003) explained why a worldwide economic calamity was inevitable given the flaws in the post–Bretton Woods international monetary system. It was an international bestseller. The Corruption of Capitalism (2009) described the long series of U.S. policy mistakes responsible for the Crisis of 2008. It also outlined the policies necessary to permanently resolve it. The New Depression: The Breakdown of the Paper Money Economy (2012) introduced an important new analytical framework, The Quantity Theory of Credit, that explained all aspects of the global economic crisis that began in 2008: its causes, the rationale for the government’s policy response to the crisis, likely future developments and how those developments could affect asset prices and investment portfolios.
His latest book is The Money Revolution: How to Finance the Next American Century (2022). The first two parts of the book describe the evolution of Money and Credit over the last century. These include a detailed history of the Federal Reserve since its establishment in 1913 and a discussion of the transformation of our economic system from Capitalism to Creditism during the five decades since Dollars ceased to be backed by Gold. Parts One and Two show that a “Money Revolution” has occurred and fundamentally altered the way the global economy functions. Part Three demonstrates that this Money Revolution opens up unprecedented opportunities for the United States to radically accelerate economic growth, enhance human well-being and strengthen US national security by investing aggressively in the Industries and Technologies of the Future.
Since beginning his career as an equities analyst in Hong Kong in 1986, Richard has served as global head of investment strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington, D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok. He also worked as a consultant for the IMF in Thailand during the Asia Crisis.
Since 2013, Richard has published the video-newsletter Macro Watch, which analyzes the new forces driving the economy and the financial markets in the 21st Century.
Interview Links:
Richard Duncan Economics: https://richardduncaneconomics.com/
Episode Sponsors:
Producers Wealth: Create Your Own Banking System In 30 Days Or Less www.producerswealth.com
GoBundance: The Tribe For Healthy, Wealthy, Generous Men Who Choose To Lead EPIC Lives www.gobundance.com
Accountable Equity: Resort Hospitality & Efficient Income Cash Flow Investments www.accountableequity.com
Strategic Metals Invest: Invest In Rare Earth Elements & Technology Metals www.strategicmetalsinvest.com
The Real Asset Investor: Build Wealth With Higher Yield Cash Flow www.therealassetinvestor.com
Penumbra Solutions: Buy Your Equity Like Institutions With Life Settlements www.thepenumbraplan.com - password “penumbra”
Producers Capital Partners: Multiply Capital Through Alternative Investments www.producerscapitalpartners.com
Lavish Keys: Your Turnkey Solution For Luxury Short Term Rentals www.lavishkeys.com
Grab My Book:
The 21 Best Cashflow Niches™: www.cashflowninja.com/21niches
Programs:
The Cashflow Ninja Cashflow Investors Club™: www.cashflowninja.com/club
Your Own Banking System™ : www.yourownbankingsystem.com
Your Own Family Office™: www.cashflowninja.com/familyoffice
The Crypto Investing Method™: www.cashflowninja.com/crypto
The Cashflow Creator Formula™: www.cashflowninja.com/creator
The Cashflow Core Builder™: www.casflowninja.com/core
The Cashflow Multiplier™: www.cashflowninja.com/multiplier
The Cashflow Quantum™: www.cashflowninja.com/quantum
Connect With Us:
Website: http://cashflowninja.com
Podcast: http://cashflowinvestingsecrets.com
Facebook: https://www.facebook.com/cashflowninja/
Twitter: https://twitter.com/mclaubscher
Instagram: https://www.instagram.com/thecashflowninja/
Pinterest: https://www.pinterest.com/mclaubscher/cashflow-ninja/
Linkedin: https://www.linkedin.com/in/mclaubscher/
Youtube: http://www.youtube.com/c/Cashflowninja
Bitchute: https://www.bitchute.com/channel/cashflowninja/
Rumble: https://rumble.com/c/c-329875
Odysee: https://odysee.com/@Cashflowninja:9
Gab Tv: https://tv.gab.com/channel/cashflowninja
Brighteon: https://www.brighteon.com/channels/cashflowninja
Parler: https://parler.com/profile/cashflowninja/
Gettr: https://gettr.com/user/mclaubscher
Gab: https://gab.com/cashflowninja
Minds: https://www.minds.com/cashflowninja
Biggerpockets: https://www.biggerpockets.com/users/mclaubscher
Medium: https://medium.com/@mclaubscher
Substack: https://mclaubscher.substack.com/
The AI-powered Podcast Player
