TIP462: What is money? w/ Lyn Alden

<p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><ul><li>01:11 - What is the cause and effects of falling empires and debasement of currencies.</li><li>11:09 - Why the hardest money does not always win.</li><li>17:08 - The problem with commodity money.&nbsp;</li><li>24:21 - The relationship between fiat currencies and warfare.</li><li>30:49 - What the Tiffin dilemma is, and how it’s relevant today.&nbsp;</li><li>37:52 - Why Japan's macro situation is distinctly different than what will happen in the US and Europe in the years to come.&nbsp;</li><li>46:07 - Why the Bank of Japan can’t forgive the debt to the government.</li><li>59:24 - What history can teach us about the performance of stocks, bonds, gold, and oil in times of inflation.</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES:</strong></p><ul><li>Our interview with Lyn Alden about<strong> </strong><a href="https://www.theinvestorspodcast.com/episodes/gold-and-commodities-w-lyn-alden/" rel="noopener noreferrer" target="_blank"><strong>Gold and Commodities</strong></a>.</li><li>Our interview with Lyn Alden about<strong> </strong><a href="https://www.theinvestorspodcast.com/episodes/gold-and-commodities-w-lyn-alden/" rel="noopener noreferrer" target="_blank"><strong>Global Investment Opportunities</strong></a>.</li><li>Lyn Alden's <a href="https://www.lynalden.com/" rel="noopener noreferrer" target="_blank"><strong>free website</strong></a>.</li><li>Lyn Alden's premium&nbsp;<a href="https://www.lynalden.com/premium/" rel="noopener noreferrer" target="_blank"><strong>newsletter</strong></a></li><li>Lyn Alden’s blog post, <a href="https://www.lynalden.com/what-is-money/" rel="noopener noreferrer" target="_blank"><strong>What is Money, Anyway</strong></a><strong>.</strong></li><li>Our interview with Alex Gladstein, the author of <a href="https://www.theinvestorspodcast.com/bitcoin-fundamentals/how-fiat-blinds-bitcoins-importance-a