1/4: The First Panic of 2022-2023: More 4/4: The Money Confusion: How Illiteracy About Currencies and Inflation Sets the Stage for the Crypto Revolution by John Tamny (Author)
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 19 March 2023
⏱️ 12 minutes
🧾️ Download transcript
Summary
@Batchelorshow
1/4: The First Panic of 2022-2023: More 4/4: The Money Confusion: How Illiteracy About Currencies and Inflation Sets the Stage for the Crypto Revolution by John Tamny (Author)
https://www.amazon.com/Money-Confusion-Illiteracy-Currencies-Revolution/dp/1958682268/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=&sr=
Money, Tamny argues, is a natural market phenomenon and one that asserts itself even in a world of government-issued paper. While economists and pundits hide behind charts, equations and supercilious commentary about the so-called "money supply," Tamny provides familiar examples from the real-world to expose this mysticism as modern-day phrenology.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | I want to take a second to tell you about the biggest international festival for pop casting. |
| 0:04.7 | The Pop Car Show London will bring together thousands of people under one roof on the 24th |
| 0:09.5 | and 25th of May, featuring industry leaders, creators, brands, and some of the most recognizable |
| 0:15.4 | names in pop casting, as well as parties and an evening festival of un-missable live shows. |
| 0:22.0 | 65-pound day and 119-pound two-day passes are on sale now. |
| 0:27.0 | Book yours at thepopcarshowlunder.com |
| 0:35.6 | This is CBS Eye on the World. |
| 0:38.6 | Here's John Bachelorette. |
| 0:41.4 | Adam Smith, born in 1723, died 1790. |
| 0:45.6 | A Scottish economist, a philosopher, the author of a book published simultaneously with the |
| 0:50.8 | American Revolution, 1776, the wealth of nations. |
| 0:55.6 | In Adam's best view, we learn the basis of a new book, The Money Confusion, from my colleague |
| 1:02.4 | John Tamney, the author. |
| 1:04.8 | Subtitle how it literacy about currencies and inflation sets the stage for the crypto |
| 1:09.8 | revolution. |
| 1:11.1 | What is money? |
| 1:12.6 | What is the use of money? |
| 1:14.9 | The quote from Adam Smith that John Tamney features in the beginning stages of his |
| 1:20.0 | explication. |
| 1:21.5 | The sole use of money is to circulate consumable goods. |
| 1:27.5 | John, a very good evening to you. |
| 1:28.9 | I believe we can be specific. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from John Batchelor, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of John Batchelor and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.