Mike Maloney on the Hidden Secrets of Money, Libertarianism, and Austrian Economics
Hidden Forces
Demetri Kofinas
4.8 • 1.6K Ratings
🗓️ 14 October 2019
⏱️ 74 minutes
🧾️ Download transcript
Summary
In Episode 104 of Hidden Forces, Demetri Kofinas speaks with Michael Maloney, perennial entrepreneur and host of the documentary series Hidden Secrets of Money about monetary history, libertarianism, and Austrian economics.
Before starting GoldSilver.com, Mike overcame his childhood dyslexia to found a series of companies, including a high-end stereo manufacturer, winning several design awards in the process. Few people know this, but one of Mike Maloney's own designs is on permanent display at the Victoria and Albert Museum in London. Mike also grew up dyslexic, leaving school after the 9th grade. Mike's first job was as a traveling salesman, driving all over the Southwest and as far North as Oregon with a van full of samples and catalogs of automotive parts and accessories that he sold to customers. Eventually, Mike started his own high-end stereo equipment manufacturer, as well as an annual show called the Home Entertainment Show that took place during the same day as the Consumer Electronics Show. It was not until the very early 2000's that Mike Maloney got the idea for GoldSilver.com, which began as a gold and silver brokerage, and which eventually developed into a reputable source for educational media content on Austrian economics, precious metals, and libertarian thought. For more than a decade now, Mike Maloney has traveled the world, sharing his relentless passion for economics and monetary history with audiences from Silicon Valley to Wall Street and from Hong Kong to Rome. He joins us today on Hidden Forces to share that experience with us.
The overtime to this week's episode includes a lengthy conversation about Tesla, as Mike Maloney is a Tesla Bull, and has taken some issue with our bearish coverage of the electric car manufacturer and its founder, Elon Musk. This segment, as well as the transcript and rundown to the full episode, are available to audiophile, autodidact, and super nerd subscribers through the Hidden Forces Patreon Page. All subscribers also gain access to our overtime feed, which can be easily be added to your favorite podcast application.
Producer & Host: Demetri Kofinas
Editor & Engineer: Stylianos Nicolaou
Subscribe & Support the Podcast at http://patreon.com/hiddenforces
Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod
Transcript
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| 0:00.0 | Today's episode of Hidden Forces is made possible by listeners like you. |
| 0:05.0 | For more information about this week's episode or for easy access to related programming, |
| 0:10.0 | visit our website at hiddenforces.O and subscribe to our free email list. |
| 0:16.4 | If you listen to the show on your Apple Podcast app, |
| 0:19.0 | remember you can give us a review. |
| 0:21.4 | Each review helps more people find the show and join our |
| 0:25.0 | amazing community. And with that, please enjoy this week's episode. And the What's up everybody? My episode today is with a dear old friend who many of you already know from his hidden secrets |
| 0:56.6 | of money documentaries which have graced the internet with millions and millions of views each and in which I've actually made a few |
| 1:05.9 | appearances in episodes 2 and 8. There are actually 10 installments so far. It's really an ongoing series so I'm sure at some point there will be an |
| 1:15.2 | episode 11, probably a 12 and so on. But this really is a unique kind of episode because Mike, as I said, is a very unique kind of episode because Mike as I said is a very good friend and someone |
| 1:25.2 | I have a lot of history with both personally and professionally as well as with his producer, |
| 1:30.8 | editor, director Danach, who actually started the YouTube channel for |
| 1:36.0 | Mike on a handshake and pretty much worked with him on a handshake for the first few years, |
| 1:41.2 | which tells you a lot about how Mike does business, and it's really one of the things I love most about him. |
| 1:47.0 | So I actually wanted to use this as an opportunity for listeners who may already be familiar with Mike to learn about parts of his life, specifically his |
| 1:55.9 | childhood, his struggles with dyslexia. Most people don't know that Mike hasn't completed |
| 2:01.3 | high school, that he actually left after the ninth grade and |
| 2:04.4 | eventually became a traveling salesman driving all over the southwest and as far north as Oregon |
| 2:09.4 | with a van full of samples and catalogs of automotive parts and accessories. |
| 2:14.8 | And then he started a company that manufactured high-end stereo equipment. |
| 2:18.1 | And again, even fewer people know this, but one of Mike's own designs is on permanent display at the Victoria and |
| 2:25.3 | Albert Museum in London and I've actually provided a link to the pictures of |
... |
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