This episode teaches you the mechanics of the monetary system and “printing money.” Recommend.
Lyn Alden is a macroeconomist and investment strategist. In this interview, we discuss the fundamentals of the current global economy: the Eurodollar system, central banks, money printing, debt, inflation and deflation.
TIMESTAMPS:
00:00:00 Introduction: Eurodollar system
00:20:41 What is money printing?
00:33:23 Constraints on money printing
00:41:44 Quantitative Easing (QE) and inflation
00:49:23 The economic problem of high debt and deflation
00:56:23 Bitcoin’s maturation; QE & liquidity
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