The Money Myth (Episode 112)
SUMMARY: Discover how currencies are fairy tails. Frederick Kaufman joins Andy to discuss his research into the history of currencies, and how any successful investor must decipher what’s fact and what’s fiction. SHOW NOTES: 3:37: How Is Money A Fiction? 6:22: What Is The Greatest Misconception About Money? 10:16: Are We Shifting To MMT? 14:28: Where Is The Money Action today? 21:02: How Is Crypto Fiction? 29:46: How Did Bretton Woods Change Money? 39:08: Why Is Money Always About Status? 44:35: How Is Status Changing? 48:16: Why Do We Need More Money To Solve Income Inequality? 55:28: How Does Wall Street Skim Your Money?