The "What is Money?" Show cover image

What the 1920s Can Tell Us About Money Today | The Twilight of Gold Series | Episode 17 (WiM413)

The "What is Money?" Show

CHAPTER

The Myths of Central Banks and Price Stability

This chapter explores the myths surrounding central banks and their role in maintaining price stability. It discusses the concept of price and how it reflects problem-solving efforts, and challenges the idea of artificially maintaining prices. The chapter also addresses the misconception that gold caused the Great Depression and examines the relationship between credit expansion, productivity, and sustainability.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner