3min chapter

The "What is Money?" Show cover image

The Problems with Price Inflation | The Twilight of Gold Series | Episode 11 (WiM182)

The "What is Money?" Show

CHAPTER

The Government First Borrows From the Bank of England on Ways and Means Bills

managing the national debt meant manipulating the capital markets in order to facilitate placing government bonds issued in unprecedented volume. The main objective was to keep interest rats down. It's probable, it's possible, that people didn't really understand the implications of what they were doing. But it makes and again, that's just why this is such a useful prism,. see how how gold, how peopleb ave in relation to gold during times of hyper inflation, or any go, political stress, war, you know, 61 o two things like that. So, e ye, very useful to look at bit coin itsit's, it's the prison that's taught me everything about where we're going

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