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Can Banking be Saved?
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Content provided by Brad Mills. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brad Mills or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this episode of Magic Internet Money, Brad invites amateur economist, Bitcoiner, and fan of the show, Henry Magram, onto the show to discuss in-depth two major concepts; The first being Austrian economics and the second being fractional reserve banking. Brad and Henry mostly agree on a few things, but there are the matters of the fine print to settle. Henry is a close follower of the Austrian school and explains the position more in-depth after Brad asks him about the possibility of a middle-ground between Keynesian and Austrian positions.
Afterwards, Brad and Henry dive into the second topic, fractional reserve banking. Brad thinks that central banking and banking cannot be separated, but Henry believes the practice of banking need not be run the way central banking is today. The two cap things off with a short debate about what makes a means of exchange count as money before closing the show out.
Time Stamps:
00:01:00 - Introduction
00:04:28 - Introducing Henry Magram
00:12:48 - What is the Austrian school of economics?
00:18:10 - A middle ground to be found with the Austrian school?
00:27:37 - Brad’s take on The Bitcoin Standard
00:30:50 - Fractional Reserve Banking
00:46:30 - Central Banking vs Banking
00:57:30 - Price and Expenditure Within Systems
01:02:54 - Is Bitcoin Money?
01:16:08 - Closing Remarks and Plugs
Links to Mentions in the Show:
Find Henry Magram:
Find Brad Mills:
77 episodes
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Last successful fetch was on March 08, 2024 17:17 (
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Manage episode 356008006 series 2497796
Content provided by Brad Mills. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brad Mills or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this episode of Magic Internet Money, Brad invites amateur economist, Bitcoiner, and fan of the show, Henry Magram, onto the show to discuss in-depth two major concepts; The first being Austrian economics and the second being fractional reserve banking. Brad and Henry mostly agree on a few things, but there are the matters of the fine print to settle. Henry is a close follower of the Austrian school and explains the position more in-depth after Brad asks him about the possibility of a middle-ground between Keynesian and Austrian positions.
Afterwards, Brad and Henry dive into the second topic, fractional reserve banking. Brad thinks that central banking and banking cannot be separated, but Henry believes the practice of banking need not be run the way central banking is today. The two cap things off with a short debate about what makes a means of exchange count as money before closing the show out.
Time Stamps:
00:01:00 - Introduction
00:04:28 - Introducing Henry Magram
00:12:48 - What is the Austrian school of economics?
00:18:10 - A middle ground to be found with the Austrian school?
00:27:37 - Brad’s take on The Bitcoin Standard
00:30:50 - Fractional Reserve Banking
00:46:30 - Central Banking vs Banking
00:57:30 - Price and Expenditure Within Systems
01:02:54 - Is Bitcoin Money?
01:16:08 - Closing Remarks and Plugs
Links to Mentions in the Show:
Find Henry Magram:
Find Brad Mills:
77 episodes
All episodes
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Similar to Magic Internet Money
Show notes are at https://stevelitchfield.com/sshow/chat.html
…
continue reading
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continue reading
The American healthcare system is one of the most innovative in the world. But it’s also riddled with complex challenges, such as access to affordable medications, inefficiency and administrative burdens, and communication barriers between providers. There’s clearly a better way—and at Surescripts, we have a unique sightline into what that may be. In this series, host Melanie Marcus, Chief Marketing Officer of Surescripts, sits down with today’s most inspiring and innovative leaders in healt ...
…
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…
continue reading
A podcast about web design and development.
…
continue reading
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…
continue reading
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Android Backstage, a podcast by and for Android developers. Hosted by developers from the Android engineering team, this show covers topics of interest to Android programmers, with in-depth discussions and interviews with engineers on the Android team at Google. Subscribe to Android Developers YouTube → https://goo.gle/AndroidDevs
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It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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continue reading
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