AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
21min chapter
US Dollar Endgame: Hyperinflation Is Coming with Peruvian Bull (WiM492)
The "What is Money?" Show
Consequences of Central Banks Owning Government Debt
The chapter explores the impacts of central banks, using the Bank of Japan as an example, owning a significant amount of their government's debt, specifically Japanese Government Bonds (JGBs). It discusses the concerns surrounding this practice, including its effects on the bond market, the need for continual bond monetization, and the potential risks of debt monetization leading to hyperinflation. The conversation also delves into historical contexts, such as yield curve control, currency devaluation challenges, Triffin's Trilemma, and the transition from the gold standard to the petrodollar and Eurodollar systems.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
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