The global monetary system is undergoing a period of unprecedented uncertainty and instability. At the same time, there has been a surge of innovation in the form of digital currencies.
David Ansara speaks with Los Angeles-based macro strategist and economist, Rob Price, about how digital currencies such as Bitcoin could provide a solution to the problem of 'unsound money'.
TIMESTAMPS:
(0:00) Intro
(1:03) What is money?
(5:53) 'Sound' versus 'unsound' money
(9:04) The risk of 'unsound' money
(11:33) The role of central banks
(15:25) Stimulus and low interest rates
(20:27) Cryptocurrencies and 'digital scarcity'
(26:11) High transaction costs
(32:12) Price volatility
(39:42) The role of government and regulatory authorities
(46:49) The future of cryptocurrencies
(52:18) Conclusion
RESOURCES:
READ Rob Price's website: https://soundmoneymacro.com/
FOLLOW Rob Price on Twitter: https://twitter.com/Sound___Money
