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