PE33: Are credit cards part of the money supply? (XIII)
Check out show sponsor Coinkite: https://coinkite.com/
Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/
This is the thirty-third installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.
Contents
00:00 Intro
01:47 M0
02:48 M1 non-M0
03:33 M2 non-M1
03:44 M3 non-M2
07:37 Assets vs. Liabilities of CCs
11:40 Batching
13:18 CC purchase volume in 2022 = $9.56 trillion
14:40 Revolving credit USA
17:08 Credit card debt vs. Demand deposits
24:00 HALO Privacy
Bonus video on the US money supply! Which "M curve" do credit card purchases and debt fit into? The answer is... none! Credit cards are an entirely different type of economic activity than bank money, and state money, which we studied in the previous twelve videos in our money supply series.
https://porkopolis.io
https://twitter.com/crypto_voices
Show content is not investment or financial advice in any way.
-
4:09:52
Right Side Broadcasting Network
20 hours agoLIVE REPLAY: Pres. Trump Speaks at Nat. Association of Black Journalists Convention in CHI 7/31/24
148K242 -
Stephen Gardner
1 hour ago🔴BREAKING: Kamala Harris can't stop laughing...America will become Venezuela!
6.59K11 -
1:53:02
The Quartering
5 hours agoKamala Harris Maximum Cringe, Civil War In Venezuela, Trump Assassin Bombshell, Polls Go Crazy!
38.3K46 -
LIVE
Mally_Mouse
3 hours agoLet's Yap About It - LIVE
525 watching -
16:49
Silver Dragons
1 hour agoBullion Dealer FINALLY Speaks Out on Silver Price MANIPULATION & CONSPIRACY
4.07K -
42:27
Standpoint with Gabe Groisman
2 hours agoEp. 39. How to Win the War on the West
10.1K2 -
LIVE
MissesMaam
3 hours agoCozy Games + Coffee 💚✨
160 watching -
1:37:40
Russell Brand
4 hours agoWW3 IMMINENT!? Hamas Leader KILLED & Iran Swears REVENGE | CIA COUP causes REVOLUTION in Venezuela
144K280 -
2:08:58
Barstool Yak
6 hours agoThe Yak with Big Cat & Co. Presented by Rhoback | The Yak 7-31-24
27.1K -
1:05:01
The New American
2 hours agoNew American Daily | Terrorist Twofer: Israel Takes Out Hezbollah & Hamas Leaders
17.5K9