Breakdown of the Gold Standard | The Twilight of Gold Series | Episode 10 (WiM178)

My friend and fellow student of money codenamed "Lester" joins me for a multi-episode conversation exploring the excellent book "The Twilight of Gold" by Melchior Palyi. Be sure to check out Swan Private, the trusted Bitcoin financial services provider for high-net-worth individuals and businesses worldwide: https://www.swanbitcoin.com/private/GUESTLester's Twitter: https://twitter.com/ProgrammableTxBOOKThe Twilight of Gold: https://archive.org/details/twilightofgold190000paly/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript: OUTLINE00:00:00 “What is Money” Intro00:00:08 Learn about Bitcoin with Swan Private at SwanPrivate.Com00:01:37 Similarities Between the Breaking Down of the Gold Standard to Today00:07:14 Does Inflation Lead People to Mass-Psychosis?00:10:49 Bitcoiner's Ability to Sense Upcoming Financial Turmoil00:14:34 Economic Similarities between America today and Weimar Republic00:22:09 Underestimating Hyperinflation00:24:24 Watch "Hard Money with Natalie Brunell" From Swan Studios & Bitcoin Magazine!00:25:09 Take Control of Your Healthcare with CrowdHealth!00:26:18 Education System not Teaching Students about Money00:32:52 Governments Ability to Create Credit, Issue Debt, & Misallocate Capital00:37:28 Relationship between Inflation & Warfare00:40:00 Discussing the "Race to Debase"00:44:25 "What is Money" OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22 WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSESSwan Private guides high-net-worth individuals and businesses in all areas of Bitcoin strategy: https://www.swanbitcoin.com/private/CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breedloveOkcoin is an innovative and education-focused cryptoasset exchange platform—earn $50 in free Bitcoin by signing up at: https://okcoin.com/breedloveJoin Me At Bitcoin 2023, pre-order your tickets now (discount code BREEDLOVE): https://b.tc/conference/2023Automatic Recurring Bitcoin Buys and Withdrawals: https://www.swanbitcoin.com/breedlove/