4/4: 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
⏱️ 8 minutes
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4/4: 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
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| 0:27.0 | Book yours at thepopcarshowlunder.com |
| 0:35.2 | This is CBSI in the World. |
| 0:36.7 | I'm John Batchewa. |
| 0:37.5 | John Tamney, his new book is The Money Confusion. |
| 0:40.8 | How a literacy about currencies and inflation sets the stage for the crypto revolution. |
| 0:46.6 | Crypto much in the news because of what right now are questionable activities by crypto |
| 0:52.8 | exchanges. |
| 0:53.8 | There are many of them around the world. |
| 0:56.4 | They seem to be doing business with each other. |
| 0:59.8 | Bitcoin is the best known cryptocurrency. |
| 1:02.2 | Ethereum is also, but there are many more that have been invented in these last years |
| 1:07.7 | or created and said to have value. |
| 1:11.6 | And that's all in play right now. |
| 1:13.1 | However, Mr. Tamney has a vision of the future that doesn't involve questions about fraud |
| 1:19.4 | and mixing funds together, exchange funds together with speculation. |
| 1:25.3 | John, you write or you quote a wonderful irony. |
| 1:29.9 | The fall of crypto will no crypto is for real when it collapses. |
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