Tag Archives: The Gold Exchange Podcast

Most people think in terms of purchasing power: how much can one’s cash buy? In this week’s episode, CEO Keith Weiner & John Flaherty discuss an alternate perspective. Instead of spending your capital, what if you invested it to earn a return? What can that return buy? Along the way you’ll learn: The concept of yield purchasing power & its impact on investing decisions How the Fed keeps us stuck in the purchasing power paradigm The perverse incentives...

Is there common ground the among proponents of gold and bitcoin? John Flaherty and CEO Keith Weiner take on that question in this episode. They also discuss: What bitcoin has been able to accomplish that gold hasn’t What gold and bitcoin have in common A billionaire’s comments regarding a bitcoin bubble Why ‘engineered money’ may give people pause [embedded content] Episode Transcript John Flaherty: Hello and welcome again to The Gold Exchange podcast. I’m John...

In a prior episode, we introduced the distinction between money and fiat currency, discussing what gives the dollar – or any fiat currency – its value. Now, we continue that conversation discussing additional characteristics of money, and illustrate how a false definition of money can lead to a corrupt state that wields blank checks. In this episode: Essential characteristics of money Thinking like a monetary scientist Friction in money & credit Why marginal...