The "What is Money?" Show

Is Sound Money the Answer? with George Gammon (WiM268)

Feb 1, 2023

02:09:59

Creator website

Episode guests

George Gammon

Highlights

AI Chapters

Episode notes

The Market Is Trying to Create Inflation

01:37

The Feds Two Cardinal Sins

03:00

Quantitative Easing Is Going to Increase Uncertainty of the Government

03:02

Introduction

2min

The What Does Money Show - George Gannon

4min

Is There Really a Fixed Relationship Between M2 and Consumer Price Inflation?

2min

The Fed Reserve Is the Sun That's Revolving Around the Banks

6min

The Federal Government Can't Print Money, Right?

4min

What Happened to the Consumer Price Inflation?

4min

What Really Impacts Real GDP?

3min

Sound Money Is Definitely Beneficial, Definitely Desirable

4min

Do We Have the Same Ends in Mind?

3min

10.

The Fed's Artificially Low Interest Rates

4min

11.

Currency Debasement Can Drive Innovation

4min

12.

Debasing the Currency

2min

13.

Is There a Contractual Relationship Between Depositors and Banks?

2min

14.

Can We Do Central Banking More Generally Than Just the Fed?

3min

15.

The Federal Reserve Act Prohibits the Federal Reserve From Directly Creating M2 Money Supply

2min

16.

All Government Revenues Are Taxation or Currency Debasement?

2min

17.

The Imperfections of Human Nature

2min

18.

The Fallibility of People

2min

19.

The Fed's Quantitative Easing and the Bitcoin Standard

3min

20.

Why the Fed Controls Bank Reserves?

5min

21.

Bitcoin Conference 2023

6min

22.

Is the Fed a Constraint on the Banks?

2min

23.

I'm a Deep Thinker and a Nuanced Thinker

2min

24.

The Fed Is Not Controlling Them to Specifically Through the Reserve Ratio

5min

25.

The Feds Two Cardinal Sins

3min

26.

Central Planning or Free Markets Generate More Wealth?

5min

27.

What Is Money?

2min

28.

The Fed's Balance Sheet Is Not Representative of Purchasing Power

6min

29.

The Fed's Quantitative Easing Isn't Increasing M2 Money Supply

3min

30.

QE and the Money Multiplyer Effect

3min

31.

The Redistribution of Purchasing Power

2min

32.

Quantitative Easing and Bitcoin Bonds

6min

33.

Quantitative Easing Is Going to Increase Uncertainty of the Government

3min

34.

The Market Is Trying to Create Inflation

2min

35.

Is Fiat Currency a Distortion of the Voting Mechanism?

6min

36.

The Argument I'm Defending Is Integrity of the Money Supply

2min

37.

The Bitcoin Money Supply That Changes the Most Is Best

2min

38.

I'm Gonna Get You Off in Two Hours I've Only Got About Five Minutes Back

5min

39.

The Power of the People Is Amplified by the Internet

5min

George Gammon is an entrepreneur and investor who has years of experience investing across multiple countries. We discuss the importance of education about taxation and small government, and the extent to which sound money is the solution for government overgrowth.

GUEST:
George's YouTube Channel: https://www.youtube.com/@GeorgeGammon/
George's Twitter: https://twitter.com/GeorgeGammon/

PODCAST:
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Outline:
00:00:00 “What is Money?” Intro Music
00:00:08 “What is Money?” Intro Message
00:01:34 Do More with Your Digital Assets with Ledn
00:02:18 Introducing George Gammon
00:03:53 State's Relationship with Taxation and Currency Debasement
00:09:22 Is Sound Money the Answer?
00:24:27 The Importance of Education About Taxation and Small Government
00:29:25 Can Printing Money Create Wealth?
00:39:28 Broken Window Fallacy
00:40:37 The Problem With Non-Consensual Exchange
00:43:59 Fixing Expansion of M2
00:48:44 Pathological Relationship Between People and the Government
00:54:03 What Contributes to the Government’s Theft
00:58:29 Misconception About the Federal Reserve
01:02:17 Take Control of Your Healthcare with CrowdHealth
01:03:19 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
01:03:54 A Chance To Win Discounted Tickets to The Bitcoin 2023 Conference and 10M SATS
01:04:51 Hold Bitcoin in the Most Secure Custody Model with Casa
01:05:39 Can Printing Money Create Wealth?
01:10:33 Two Cardinal Sins of The Federal Reserve
01:25:43 George's Definition of Money
01:27:13 Mechanics Behind the Printing of 4 Trillion Dollars
01:38:46 Redistribution of Purchasing Power
01:40:42 Printing Money Through The Sound Money Lens
01:43:33 Interest Rates and The Federal Reserve Dynamic
01:50:28 The Value of a Small Government and Bitcoin
02:00:38 How People Can Abolish the Regime
02:05:12 Breaking the Cycle and the Power of Education
02:08:34 Wrapping Up
02:09:51 "What is Money?" Outro

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