How the US Dollar Shortage is Driving Global Instability with Jeff Snider

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3 years ago
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SHOW NOTES:
https://www.whatbitcoindid.com/podcast/how-the-us-dollar-shortage-is-driving-global-instability

Jeff Snider is co-host of the Eurodollar University podcast and Head of Global Research at Atlas Financial Advisors.. In this interview, we discuss the crazy possibility that nobody knows what money is, and as a result, nobody knows how to run or fix the economy. Central banks and governments are essentially engaged in a high risk game of pretend.

THIS EPISODE’S SPONSORS:
Gemini - https://www.gemini.com/
Wasabi- https://www.wasabiwallet.io/
Ledn - https://www.ledn.io/
Pacific Bitcoin - http://pacificbitcoin.la/
Ledger - https://www.ledger.com/
Texas Blockchain Summit - https://www.texasblockchainsummit.org/
BCB Group - https://hubs.ly/Q011cb730

TIMESTAMPS:
00:00:00 Introduction
00:00:54 Money needs to be simple, not complex and unstable
00:06:43 Nobody knows what money is
00:12:25 Gold standard, 1971 and the Eurodollar
00:16:29 The shortage of dollars that nobody knows about
00:32:15 Global economic impacts from a lack of dollars
00:41:26 Bank money is book entries; instability impedes economic growth
00:48:11 Fed knows they have no idea what they’re doing
00:56:14 Recessionary signals and need for an economic reset
01:07:23 The need to financialise Bitcoin
01:12:37 The Fed needs to drop interest rates

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