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MI Rewind: What is Money? w/ Jim Crider

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Manage episode 424724263 series 2539397
Content provided by Stig Brodersen and The Investor's Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stig Brodersen and The Investor's Podcast Network 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.

Clay Finck chats with Jim Crider about what money really is, the attributes of good money, why an unstable form of money causes issues in an economy, why gold was chosen as money by the free market for centuries, the history of money in the United States, why Bitcoin has value, Jim’s thoughts on diversification, and much more!

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

02:24 - What money really is.

08:59 - The pros and cons of fiat currency and gold as money.

13:50 - Why a money that fluctuates in value can make planning for the future difficult.

16:25 - What are the attributes of a good money?

24:45 - Why gold has historically been a good money.

27:59 - The history of money in the United States.

42:41 - Why Bitcoin has value.

44:40 - Jim’s thoughts on diversification.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

NEW TO THE SHOW?

SPONSORS

Support our free podcast by supporting our sponsors:

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

  continue reading

655 episodes

Artwork
iconShare
 
Manage episode 424724263 series 2539397
Content provided by Stig Brodersen and The Investor's Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stig Brodersen and The Investor's Podcast Network 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.

Clay Finck chats with Jim Crider about what money really is, the attributes of good money, why an unstable form of money causes issues in an economy, why gold was chosen as money by the free market for centuries, the history of money in the United States, why Bitcoin has value, Jim’s thoughts on diversification, and much more!

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

02:24 - What money really is.

08:59 - The pros and cons of fiat currency and gold as money.

13:50 - Why a money that fluctuates in value can make planning for the future difficult.

16:25 - What are the attributes of a good money?

24:45 - Why gold has historically been a good money.

27:59 - The history of money in the United States.

42:41 - Why Bitcoin has value.

44:40 - Jim’s thoughts on diversification.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

NEW TO THE SHOW?

SPONSORS

Support our free podcast by supporting our sponsors:

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

  continue reading

655 episodes

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