Episode notes
Fourteenth lecture of Principles of Economics explores credit and banking as the institutions that channel savings into investment, how commodity credit emerges from real savings, while circulation credit comes from money creation, why interest rates reflect time preference, and whether interest can be eliminated with hard money.
Get all course notes and slides on https://saifedean.com/poecourse
Sponsors
Crowdhealth - https://www.joincrowdhealth.com/
Daylight - The computer, de-invented - https://daylightcomputer.com/
CoinKite - Bitcoin Security and Fun Devices - https://coinkite.shop/bitcoinstandard
TheBitcoinWay - TAKE CHARGE OF YOUR FINANCIAL FUTURE https://www.thebitcoinway.com/
The Saif House - High quality cloth hardcover bitcoin books by Saifedean & more delivered worldwide, with 10% off for paying in bitcoin - https://TheSaifHouse.com
-----------------------------------------------------------------------
Saifedean’s first book, The Bitcoin Standard:
http://saifedean.com/thebitcoinstandard
Saifedean’s second book, The Fiat Standard:
http://saifedean.com/thefiatstandard
Saifedean’s third book, Principles of Economics:
https://saifedean.com/poe
Enjoyed this episode? Join Saifedean's online learning platform to take part in weekly podcast seminars, access Saifedean’s four online economics courses, and read his writing, including his new book, Principles of Economics! Find out more on Saifedean.com!
Get all course notes and slides on https://saifedean.com/poecourse
Sponsors
Crowdhealth - https://www.joincrowdhealth.com/
Daylight - The computer, de-invented - https://daylightcomputer.com/
CoinKite - Bitcoin Security and Fun Devices - https://coinkite.shop/bitcoinstandard
TheBitcoinWay - TAKE CHARGE OF YOUR FINANCIAL FUTURE https://www.thebitcoinway.com/
The Saif House - High quality cloth hardcover bitcoin books by Saifedean & more delivered worldwide, with 10% off for paying in bitcoin - https://TheSaifHouse.com
-----------------------------------------------------------------------
Saifedean’s first book, The Bitcoin Standard:
http://saifedean.com/thebitcoinstandard
Saifedean’s second book, The Fiat Standard:
http://saifedean.com/thefiatstandard
Saifedean’s third book, Principles of Economics:
https://saifedean.com/poe
Enjoyed this episode? Join Saifedean's online learning platform to take part in weekly podcast seminars, access Saifedean’s four online economics courses, and read his writing, including his new book, Principles of Economics! Find out more on Saifedean.com!
