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Crypto Voices

PE66: Base money in Canada

12 May 2023

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Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-sixth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:40 Physical currency (banknotes) 01:12 Money printing during Covid 01:51 CBDC? Don't forget CBPC! 03:30 Canada's free banking system 06:33 Canada's Great Depression 08:55 Benefits of branch banking 12:07 Physical currency (banknotes) 14:22 Bank reserves (settlement balances) 19:45 Compound annual growth rates Here I talk about the wonderful free banking history of Canada. I also bring it into the present by looking at the growth of the monetary base, or Canada's base money, over the last 90 years, since the Bank of Canada was founded. How does it affect price inflation? Prior videos with further info: USA monetary base: https://www.youtube.com/watch?v=OPpTrgPNTz4 Scandic paper currency stocks: https://www.youtube.com/watch?v=fe3WaE8o0rY Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

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