Welcome to the fourth episode of the Bonner Private Research Podcast. I'm joined by Dan Denning, coauthor of The Bonner-Denning Letter with over 18 years in the financial publishing industry and frequent guest on this show. When it comes to the lessons of history, Dan reckons our present day economic and political landscape bears significant (and worrying) resemblances to those of pre-revolution France and Cultural Revolution China. In this episode we discuss the role of the Fed and the issue with money supply. We also examine why the deterioration in civil society is related to the deterioration in the soundness of the money. Are we living in a bubble?
00:50 - Where goes sound money, so too goes civil society
05:19 - Some arguments for and against money printing
10:20 - Introducing Dan Denning
13:30 - Are we living in a bubble?
17:01 - The role of the Fed and the issue with money supply
22:42 - The problem with deflation
24:30 - China and the Era of Cheap energy - The REAL reason for lower prices
25:06 - The value of money
29:26 - The one metal that has shot up ~300% in two years
32:10 - Why the deterioration in civil society is related to the deterioration in the soundness of the money
32:37 - Why 2020 America is 1968 China plus 1783 France
33:28 - COVID as a useful tool for the state
