Apr 22, 2020
In part one of this series I describe two important schools of thought on the global monetary system and the future of the dollar: the Dollar Milkshake and the Eurodollar. Then I try to establish a definition for inflation as a monetary phenomenon based on mainstream Milton Friedman, Mises and my own defintition. Lastly, I ask the question if what we think of as monetary expansion today, is actually monetary expansion.
In part two, I'll discuss the differences I see between debt based money, fiat and commodity money.
Brent Johnson Dollar Milkshake: https://www.youtube.com/watch?v=2qTOWuL7Zco
Jeff Snider Eurodollar University: https://alhambrapartners.com/commentaryanalysis/
Milton Friedman: https://hyp.is/noW7qIMXEeqhrfee8b0bew/en.wikiquote.org/wiki/Milton_Friedman