Money and Macroeconomics with George Gammon (WiM036)

George Gammon joins me for a deep conversation about money and macroeconomics. Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUEST George''s twitter: https://twitter.com/GeorgeGammon George''s Website: https://www.youtube.com/georgegammon CHANNEL 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: EPISODE 00:00:00 “What is Money?” Intro 00:00:05 NYDIG 00:01:22 Gammon’s Obsession with Macro 00:05:00 An Unjustifiable Confidence 00:14:46 Investor vs. Entrepreneur Mindset 00:17:07 The Importance of Cash Flow 00:21:58 Defining Reverse Repo 00:25:56 Bank Reserves 00:36:38 All Money is a Database 00:39:19 What is Wealth? 00:44:49 The Real Global Reserve Currency 00:53:49 Eurodollar Market and Inflation 00:59:45 Rehypothecation: A Collateral Multiplier 01:09:00 How Deflation Creates More Demand 01:17:20 Government Intervention 01:25:40 We Don’t Need A Central Bank 01:30:25 The Questions the Average Person Needs to Ask 01:38:14 All Government Action is a Misallocation of Capital 01:41:14 Bitcoin: The Incorruptible Database 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 BITCOIN BUSINESSES Use Discount Code "Breedlove" for Bitcoin Custody w/ Casa: https://keys.casa/#plans Buy Bitcoin in a Retirement Account w/ DAIM: https://daimio.typeform.com/to/oU5OHXMZ Stack Sats with Swan Bitcoin: https://www.swanbitcoin.com/breedlove/ Worldclass Bitcoin Financial Services: https://nydig.com/