

Understanding Money Mechanics with Bob Murphy (WiM397)
12 snips Nov 25, 2023
Bob Murphy, author and economist, discusses his book 'Understanding Money Mechanics' and explores topics such as the nature of money, central banking cartels, modern monetary theory, and the optimism of artificial intelligence. They also delve into fractional reserve banking, money myths and banking, government stability and debt issuance, and the impact of lockdowns and supply chain interruptions on the flow of money.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 3min
Understanding Money Mechanics
02:51 • 13min
Fractional Reserve Banking and Mismatched Maturities
16:08 • 18min
Implications of Actions and a Discussion on Money Mechanics
34:33 • 3min
Myths about Money and Banking
37:53 • 24min
Government Stability and Debt Issuance
01:01:40 • 3min
Debate and Discussion on Monetary System Issues
01:04:33 • 8min
Impact of Lockdowns and Supply Chain Interruptions
01:12:32 • 11min