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This is the sixty-sixth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.
Contents
00:00 Intro
00:40 Physical currency (banknotes)
01:12 Money printing during Covid
01:51 CBDC? Don't forget CBPC!
03:30 Canada's free banking system
06:33 Canada's Great Depression
08:55 Benefits of branch banking
12:07 Physical currency (banknotes)
14:22 Bank reserves (settlement balances)
19:45 Compound annual growth rates
Here I talk about the wonderful free banking history of Canada. I also bring it into the present by looking at the growth of the monetary base, or Canada's base money, over the last 90 years, since the Bank of Canada was founded. How does it affect price inflation?
Prior videos with further info:
USA monetary base: https://www.youtube.com/watch?v=OPpTrgPNTz4
Scandic paper currency stocks: https://www.youtube.com/watch?v=fe3WaE8o0rY
Host: Matthew Mezinskis
https://porkopolis.io
https://twitter.com/crypto_voices
Show content is not investment or financial advice in any way.