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PE58: USA Public debt in the 1800s
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This is the fifty-eighth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.
Contents
00:00 Intro
00:25 First congress, first president, first constitution
01:20 Federal reserve ownership of government
01:55 Total public debt
03:13 Debt vs. Money
05:15 First Bank of the United States
07:20 Second Bank of the United States
09:05 Civil War
11:35 National Banking System
13:45 Classical gold standard
Here we look at the history of the United States Federal debt during the 1800s, and how it relates to wars, central banking, and gold.
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Show content is not investment or financial advice in any way.
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