Principles of Liquidity | The Twilight of Gold Series | Episode 8 (WiM166)

Apr 13 2022 • 57m

Show Notes

My friend and fellow student of money codenamed "Lester" joins me for a multi-episode conversation exploring the excellent book "The Twilight of Gold" by Melchior Palyi. Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUESTLester's Twitter: https://twitter.com/ProgrammableTxTwitter Thread Reference: https://twitter.com/naturalmoneybtc/status/1361036765293735937BOOKThe Twilight of Gold: https://archive.org/details/twilightofgold190000paly/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript: OUTLINE00:00:00 “What is Money?” Intro00:00:08 Looking at Liquidity Principles in the Bitcoin Era00:04:34 Considering Global Base Money is Approximately 29.3 Trillion00:08:11 If There Was a Massive Unwind in Debt…00:13:51 There is Plenty of Sats in the Bitcoin Sea00:18:47 The Difference Between Money Supply and Purchasing Power00:21:09 NYDIG00:22:17 “It is Interest Being Bought With Money and Not Money Being Rented With Interest”00:29:52 Credit Should Incentivize and Not Hamper Productivity in Borrowers00:34:53 There Is No Need for a Planned Interest Rate00:39:14 Policy Manipulates Interest Rate Levers00:44:45 How Homes are Kept Unaffordable00:48:12 Pain Now or Pain Later: Delaying the Crippling Interest Structure00:53:42 Acknowledging Differing Viewpoints on Banking Schools00:55:30 “What is Money?” OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22 WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack

Activity

@onesien

1,000 sats

Apr 16 2022

this is another great episode!

@onesien

1,000 sats

Apr 16 2022

this is another great episode!

@thebtcmanual

100 sats

Apr 30 2022

what a great episode I’ve enjoyed this series with Lester the talk on interest rates under a bitcoin standard was facinating