Read_529 - QE, MMT, Inflation & Deflation - Part 1 [Lyn Alden]

May 24, 2021 01:24:29
Read_529 - QE, MMT, Inflation & Deflation - Part 1 [Lyn Alden]
Bitcoin Audible
Read_529 - QE, MMT, Inflation & Deflation - Part 1 [Lyn Alden]

May 24 2021 | 01:24:29

/

Hosted By

Guy Swann

Show Notes

"Quantitative easing (QE) occurs when central banks, such as the U.S. Federal Reserve, create new money to buy government bonds or other securities. Some people fear that it will cause high inflation or even hyper-inflation and that it is essentially money-printing, while others suggest that it has no impact on inflation because the money that is newly-created or “printed” gets locked away... Based on history and math, the inflationary side of the argument is eventually correct, but with a lot of nuance along the way." - Lyn Alden

Another amazing piece from Lyn Alden breaking down & "steel manning" the concepts of QE & MMT.  How they claim to work in theory and when they are/are not “money printing” and what their major failures are. This is a great one for making sense of the macroeconomic situation and trying to wrap your head around some of these very vague and often purposefully obscure concepts around monetary policy to get down to the truth behind what’s happening.

Check out the charts and other great links to dig deeper down the rabbit hole on these topics, or get a head start on tomorrows Part 2:
https://www.lynalden.com/quantitative-easing-mmt-inflation/

7 Misconceptions About Bitcoin:
https://bitcoinaudible.com/7-misconceptions-about-bitcoin/

The Fraying of the Petrodollar System Part 1 & 2:
https://bitcoinaudible.com/the-fraying-of-the-petrodollar-system-part-1/
https://bitcoinaudible.com/the-fraying-of-the-petrodollar-system-part-2/

Big thanks to our sponsors!
ShiftCrypto for the secure, open source BitBox02 hardware wallet and other great tools for securing your Bitcoin keys and backups
SwanBitcoin.com for the automatic, no hassle, no selling, set it and forget it Bitcoin savings plan.

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

June 10, 2022 00:29:35
Episode Cover

Read_630 - Cry Harder [Francis Pouliot]

"Bitcoin is a lifeboat on the sinking fiat ship. Lifeboats on a sinking ship don’t need a marketing department." - Francis P. As New...

Listen

Episode

March 02, 2022 00:59:53
Episode Cover

Read_608 - Want to Stick it to the Elites? Use Bitcoin [Avik Roy]

"Aspiring Republican politicians and conservative opinionators love talking in darkened tones about the malevolence of elites. And yet, for all the fingers wagged and...

Listen

Episode

July 10, 2020 01:21:25
Episode Cover

Read_417 - On Schelling Points, Network Effects, & Lindy [Willem Van Den Bergh]

"This rationale also completely demolishes the “blockchain not Bitcoin” mantra as the Schelling point is purely based on bitcoin the money, not blockchain the...

Listen