Welcome back to your favorite podcast in the whole world, The Shaded Youth! On this week's episode, we delve into a topic that's been a buzzword for many of us the past few months, Bitcoin! (sort of) We start off with some of the basics to fully grasp this concept, going back to fundamentals of econ, and who better to join me in this than a very good friend of mine, Dewan Hassan!  

0:00 - Intro 

1:30 - Who is Dewan? / How he got into the world of economics/finance 

4:00 - Resources used to learn and which figures to look out for 

11:10 - Into to Economics / What is money? 

14:00 - The Gold Standard 

17:00 - Fiat Currency / The Trust Behind Money 

20:20 - What is credit? 

22:10 - What makes a good "money"? 

26:55 - Why is gold so valuable? 

28:28 - Other examples of currency 

30:00 - The Death of Currencies 

31:30 - Back to the Trust Behind Money / Betrayal 

39:00 - Lifespan of Currencies / Reserve Currencies  

42:00 - The Loss of Trust in Currencies (Inflation, Purchasing Power, CPI) 

46:50 - Why Economists Are Often Unreliable 

48:10 - Relationship Between Money Supply and Credit / Scarcity and Debt 

55:10 - Purchasing Power and Inflation (Again) 

57:34 - The Cantillon Effect (Why Periods of Wealth Don't Reach the Whole Market) 

1:01:20 - The stock market isn't actually rising in value  

Hope you guys benefit and enjoy! 

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