What the 1920s Can Tell Us About Money Today | The Twilight of Gold Series | Episode 17 (WiM413)

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.

// GUEST // 
Twitter: https://twitter.com/ProgrammableTx 
Book: https://www.amazon.com/dp/B0006C31O4

// SPONSORS // 
In Wolf's Clothing: https://wolfnyc.com/
NetSuite: https://netsuite.com/whatismoney
iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/
Mind Lab Pro: https://mindlabpro.com/breedlove
CrowdHealth: https://www.joincrowdhealth.com/breedlove
Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/
Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com
Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/

// OUTLINE // 
00:00:00 - Coming up 
00:00:28 - Intro 
00:02:01 - Helping Lightning Startups with In Wolf's Clothing 
00:02:47 - Influence of Bitcoin Price 
00:08:08 - True Liberalism vs. Left-Right Political Spectrum 
00:21:45 - Bitcoin and the Left-Right Dichotomy 
00:27:39 - Run Your Business from Anywhere with NetSuite 
00:28:44 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 
00:29:53 - Mythology of Price Stability 
00:34:35 - What Caused the Financial Depression of the 1920s 
00:39:04 - False Apprehension of Gold 
00:42:52 - Deception of Credit Expansion 
00:45:14 - 100-Year Credit Cycle 
00:48:33 - Self-Equilibrating Nature of the Free Market 
00:53:00 - Economic Similarities between the 1920s and the 2020s 
01:04:05 - The Problem with Dollar Hegemony 
01:10:29 - Enhance Your Brain Power with Mind Lab Pro 
01:11:33 - Take Control of Your Healthcare with CrowdHealth 
01:12:40 - Engaging in Currency Speculation 
01:15:36 - Non-Productive Outcome of Financial Engineering 
01:19:55 - Financial Differences Between the 1920s and the 2020s 
01:24:47 - Scarcity and Elasticity 
01:29:57 - Inevitable Steps of Inflation 
01:32:49 - Future Predictions and Probabilities vs. Certainties 
01:37:18 - Final Thoughts and Conclusion

// PODCAST // 
Podcast 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?
RSS Feed: https://feeds.simplecast.com/MLdpYXYI

// SUPPORT THIS CHANNEL // 
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 
Sats via Strike: https://strike.me/breedlove22
Sats via Tippin.me: https://tippin.me/@Breedlove22
Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove

// WRITTEN WORK // 
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/

// SOCIAL // 
Twitter: https://twitter.com/Breedlove22
WiM? Twitter: https://twitter.com/WhatisMoneyShow
Rumble: https://rumble.com/c/Breedlove
Instagram: https://www.instagram.com/breedlove_22/
TikTok: https://www.tiktok.com/@breedlove22
LinkedIn: https://www.linkedin.com/in/breedlove22/
All My Current Work: https://vida.page/breedlove22