TIP 029 : What is the Federal Reserve doing? (Investing Podcast)
We Study Billionaires - The Investor’s Podcast Network
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The Money Multiplyer and the Great Depression
In 19 71, nixon comes off the gold standard. The money multiplier at that point in time was at ten. In just a decade, you saw the value of the dollar literally get cut in half. This is where you started seeing the currency start to just inflate. And if you look at intere straits, it looks like a big giant bubble. Ind the bubble peaked in 19 81, and then they've come back down ever since. It's all interstrrelated. We're going to have charts so you can see exactly what i'm talking about.
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