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The "What is Money?" Show

Demystifying the Petrodollar Scheme with Alex Gladstein (WiM082)

The "What is Money?" Show

Robert Breedlove

Money, History, Cryptocurrency, Finance, Investing, Breedlove, Bitcoin, Rabbit Hole, Robert Breedlove, What Is Money, Education

4.8724 Ratings

🗓️ 1 December 2021

⏱️ 131 minutes

🧾️ Download transcript

Summary

Alex Gladstein joins me for a deep-dive into the petrodollar system and its many hidden costs.

Transcript

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0:00.0

Hey everyone, welcome to the What is Money Show.

0:11.4

I am sitting down today with Alex Gladstein.

0:16.3

Alex, welcome to the show.

0:18.8

Thanks for having me.

0:20.7

So today, I love where we're taking this conversation.

0:24.8

You have written this excellent piece titled Uncovering the Hidden Cost of the Petro Dollar.

0:31.6

This was published in September 2021 in Bitcoin Magazine.

0:37.5

In April. in April.

0:39.5

Oh, sorry.

0:41.3

I saw, I guess it got updated.

0:43.5

Updated September, published in April.

0:45.5

My mistake.

0:47.5

And we've been talking offline about the, you know, the various things you've been reading

0:51.7

about this, the resources that have shaped

0:55.1

your thinking. And really, I think this is an excellent geopolitical overlay,

1:03.9

describing some of the deeper problems with money that got us to this point. So I think this

1:08.6

conversation we're going to have in particular is

1:11.6

going to do it's going to be a great way to explicate some of the details of over the past 100 to

1:20.5

125 years of problems we've had with the money, but the but the problems themselves, as I think

1:25.8

will get into you relate to the technological

1:28.6

limitations of money and our systems that we've built up around them.

1:35.2

So we'll start here and then maybe we'll dive into some of the source works themselves

...

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