Money and Liberty

Elige una categoría

Transcript

00:00 |

Initial credits
00:06 |

Introduction by Jerry L. Jordan
02:04 |

US President James Madison on money
30:29 |

The required conditions and challenges for prosperity in a central banking system
03:52 |

The cost of economic exchange
04:45 |

The role of monetary authorities in market economies
- The moral obligation of creating money
- The real resource cost of establishing and enforcing contracts for economic exchange
- The establishment of indirect exchange systems to offset the informational disadvantages of specialization
- Meaning and function of money
- What money is and what it is not
- Convenience versus the risk of depreciation in value of a particular form of money
- Distinction between inside and outside money
- Monetary authorities and how they enhance the quality of inside money
- How society chooses which entity to use as money
  - The meaning of a stable purchasing power
  - The reliability of the U.S. dollar in the past 30 years
- Fiat money and the basis of its stability
  - The role of a central bank in a fiscal regime
  - The public and how it can limit the redistribution effects of inflation
- The relationship between high inflation rates and rates of economic growth
- The debate of rules versus discretion in the conduct of monetary policy
- Testing the hypothesis that monetary policy is a fiscal instrument
- Providing honest money as the objective of government
- Requirements for economic efficiency
- Vaclav Havel on the underlying problem when transitioning from collectivism to a market economy
- Hayek and Mises on inflation for the gain of the government
32:15 |

Questions and comments segment
- Do you think the Federal Reserve will taper the quantitative easing?
- What impact will Ben Bernankes replacement, Janet Yellen, have on the Fed?
- What are the preconditions required for a potential return to the gold standard?
- Do you think returning to the gold standard is politically feasible and is any issuing of private money viable?
- Would you agree that in a market economy deflation and not inflation is an inherent outcome?
- Would you comment on the Yuan and China's role in this currency?
- What is your opinion on moneys that are not run by states such as cryptocurrencies?
01:08:05 |

Final credits

Elige una categoría

Elige una categoría

Money and Liberty

VIDEOS RELACIONADOS

¿Para qué sirve un cocodrilo?

Medición para estrategias de comunicación 2.0

Análisis económico del Derecho (2010)

Memorias sobre la fundación de la Universidad Francisco Marroquín

Popol Vuh: vínculos entre los significados y posibles autores

Terremoto de Guatemala de 1976: recuerdos de un geólogo

Hablemos del elefante de Asia y de África

Sweatshops and Unions

Comprehensive Care of Cleft Palate

Funciones del Estado: de la teoría a la práctica

“La Escuela Austriaca desde adentro” Adrián Ravier

A View from Silicon Valley

Myths and Facts about Inflation Risks and Dollar Devaluation as Consequence of the FED Decisions towards the Crisis

The Founding Fathers: Colonial and Early National America (Day 6)

Independencia de Cataluña, España: ¿realidad o ficción?

IDEAS DE LA LIBERTAD

Suscríbete

Recibe cada semana vídeos educativos que alimentan tu mente.

Escríbenos

Escríbenos