David McWilliams
๐ค SpeakerAppearances Over Time
Podcast Appearances
And then finally, you take those two big ideas, right?
What does it mean for people's understanding of, we started the Fed, central banking, the Federal Reserve, because an enormous amount of newspaper coverage, of online coverage is, you know, the Federal Reserve said this, and the macroeconomics and the Federal Reserve said that, and they're looking at the rate of interest and the rate of inflation.
What you're kind of saying is that's all slightly nonsensical.
Explain that to me.
Now, Brendan, that leads to the last question.
If the coin is the product of 150 years of not just regulation, but asset building, wealth creation, streams of income, etc., where does that leave this stuff called cryptocurrencies?
I mean, it's just not new, David.
Well, on that note, I do recommend The Almighty Dollar by Brendan Greedy.
Whether you're a crypto dude or not,
I read the original draft.
It is fascinating.
We start in deepest Germany, maybe even Sudetenland, which is now part of the Czech Republic, or Czechia, as it's called.
We go to Spain.
We go to Latin America.
We come back to America.
We look at the fact that Alexander Hamilton wasn't such a great dude.
We go through Wildcat banking.
We go through these various crises.
We emerge at the Fed.
I mean, basically, it is a tour de force, ladies and gentlemen, a tour de force.