Finance & Fury Podcast

Welcome to Finance and Fury. Today’s episode – look at the potential kinds of money what are the best kinds of money are the best for the population In the modern economy - The unprecedented expansion of money supply – created some economic and political consequences is only possible with certain kinds of money   Different forms of money – One world currency – digital backed, Fiat currency, Different gold standards Then rate these - Look at their stability, degree of central control and how open they are to abuse -   Types of currency – One world digital currency – still technically hypothetical in its implementation Nothing new here – the concept has been around for a while - John Maynard Keynes proposed this – back in 1944 at the Bretton Woods conference – this single world currency was named the “Bancor” At the same time this conference created the International Monetary Fund (IMF) The IMF already has a super-national currency called “Special Drawing Rights” (SDR) made up of a composite of fiat curren