Dr Guido Hülsmann, Senior Fellow of the Mises Institute, and Economics Professor at the University of Anger, France, joins me in this very special episode. We talk about government monetary intervention compared with a free market in money. We discuss many topics:
- The process of government monetary intervention and deterioration in quality of money
- Which kind of monetary intervention is worst?
- Interaction of reserve requirements with capital requirements
- How businesses and banking differ in a free market economy versus our fiat money economy
- The tendency towards one most saleable good or money, even within the cryptocurrency world
- Comments on 'stock to flow' ratio and hard money
- Dr Hülsmann's economics book recommendations for listeners
Dr Guido Hülsmann links:
Stephan Livera Links: