PE30: Decoding Base Money - USA (X)

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the thirtieth installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 02:05 Inside versus Outside money 07:50 M0 is a part of both Inside and Outside money 09:20 Be cautious: M0 as defined by different central banks! 10:30 Vault cash 11:28 Bank reserves 17:30 Physical cash % of Base money 22:55 Monetary base (as officially defined) 23:30 Fed repos (Shadow bank reverse repos) 31:00 Gold vs. Fiat base money vs. Bitcoin Here is our first video covering outside money in the United States, also known as central bank money, or reserve money, or base money, or the monetary base. M0 is included in base money, as well as the M1 money supply (which we have already covered)! Now that we have covered the inside money (fiduciary media) in the United States, we can deeper look into central bank money, or base money, and how this type of money is the core of the financial and monetary system. It economically compares with gold, silver, and bitcoin. https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.