Central Banking is a Confidence Game | The Snider Series | Episode 6 (WiM106)

Jeff Snider joins me for a multi-episode conversation exploring the evolution of money and central banking throughout the 20th and 21st centuries. Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUEST Jeff's twitter: https://twitter.com/JeffSnider_AIP Jeff's writing: https://alhambrapartners.com/author/jsnider/ PODCAST Podcast Website: https://whatismoneypodcast.com/ Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1 RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript: OUTLINE 00:00:00 “What is Money” Intro 00:00:08 What Did We Learn After the March 2020 Liquidity Crisis 00:05:27 Lack of Economic Growth Feeding the Charade 00:08:51 Distortions in the Marketplace 00:12:53 Deflation Favoring Institutions 00:14:42 Wealth Disparity & Inequality 00:18:40 The Fed & Politicians Keeping the Lie Alive 00:24:01 The Perpetual Confidence Game 00:28:50 NYDIG 00:29:58 Central Bankers Incentives 00:34:08 Technological Shortcomings of the Central Banks 00:38:58 Who Are The Fed’s Shareholders? 00:43:25 Seigniorage 00:46:29 Auditing the Fed? SOCIAL Breedlove Twitter: https://twitter.com/Breedlove22 WiM? Twitter: https://twitter.com/WhatisMoneyShow LinkedIn: https://www.linkedin.com/in/breedlove22/ Instagram: https://www.instagram.com/breedlove_22/ TikTok: https://www.tiktok.com/@breedlove22?lang=en All My Current Work: https://linktr.ee/breedlove22​ WRITTEN WORK Medium: https://breedlove22.medium.com/ Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTE Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22 Sats via Tippin.me: https://tippin.me/@Breedlove22 Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove Dollars via Venmo: https://venmo.com/code?user_id=1784359925317632528 The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSES Worldclass Bitcoin Financial Services: https://nydig.com/ Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217 Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/ Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/ Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22