PE1: How many dollars are there? (I)
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This is the first video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.
Contents
00:00 Intro
00:47 Dollar-gold background
05:40 Federal Reserve opened doors in 1914
13:34 Post-WWII period (Bretton Woods)
18:45 Great Moderation
22:48 Bitcoin era
25:00 What is the deal with CBDCs?
Here we cover how much physical cash and coin - these things we call dollars - exist around the world. This covers a 105 year period, from a time when the dollar was redeemable and convertible into gold, until today, when it is not.
Also, how do you think Central Bank Digital Currencies (CBDCs) are going to play into this situation? Why is physical cash still growing so quickly, if it is not "that important" today?
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Show content is not investment or financial advice in any way.
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