Money Printing & the Debt Spiral with Macro Alf - WBD694

Macro Alf is the founder of The Macro Compass, an investment
strategy firm. In this interview, we discuss different types of
bank money, QE, deficits, money printing, and whether a debt
spiral is looming.


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What constitutes ‘money printing’ is a hotly contested topic and
something we have convered on the show numerous times. The debate
among economists of what  "money printing" is and its impact
on the ‘real economy’ revolves around two key ideas: the
definition of money printing and its actual influence on the
economy. 


While some experts equate money printing with direct central bank
action like quantitative easing, others take into account broader
credit creation and the impact that has on the broader money
supply and the economy.


The delineation between the financial sector and the real economy
is the crucial proponent and while some economists view money
printing as primarily affecting asset prices and financial
markets, with limited direct impact on the production of goods
and services. Others stress that adding liquidity to the system
is enough to create financial stability and increase confidence
in the economy, therefore, affecting consumer and business
decisions, and again, the ‘real economy’.


In this episode, we get to the bottom of money creation, how it
impacts the economy and the role of central banks in managing an
economy.


 


Show notes:
https://www.whatbitcoindid.com/podcast/money-printing-the-debt-spiral



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