The Property Podcast cover image

TPP483: The Price Of Money: How to prosper in a financial world that's rigged against you

The Property Podcast

00:00

The World's Reserve Currency Has Never Been Abandoned

This is the first time ever in history that the world's reserve currency, the us. Dollar, as well as the pound, the ero, the yearn everything, is backed by absolutely nothing. We're now seeing the impact of what happens when you've been on this system for 50 years. Effectively, the brakes came off. Money supply has gone through the roof but also so has debt. An odd proportion of g d p has increased since the seventies, from 60% to 200%. That's because the money supply is created from the bank of england and other central banks across the world. And that's what causes debt, because money is created by these banks,

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app