If you’ve read the Introduction from this Anti-Concepts of Money series we can now discuss the Anti-Concept: GDP The Anti-Concept of GDP Let’s discuss thet anti-concept, Gross Domestic Product or GDP for short. Armed with an understanding of anti-concepts, it should be obvious from one of the ways it’s calculated. From Wikipedia: Y = C […]
If you’ve read the previous essays on Purchasing Power, Inflation, and Money from this Anti-Concepts of Money series we can now discuss the Anti-Concept: Store of Value The Anti-Concept of a Store of Value Another anti-concept is store of value. The very term evokes a picture of a container. You pour water into the container, […]
If you’ve read the previous essays on Purchasing Power, Velocity, and Money from this Anti-Concepts of Money series we can now discuss the Anti-Concept of Inflation The Anti-Concept of Inflation The Anti-Concept of Purchasing Power leads us to the Anti-Concept of Inflation. That pseudo-equation already smuggles that any increase in the quantity of money causes […]
If you’ve read the previous essays on Velocity and Money from this Anti-Concepts of Money series we can now discuss the Anti-Concept of Purchasing Power. The Anti-Concept of Purchasing Power Let’s look at another anti-concept, purchasing power. Wikipedia defines it as: “the amount of goods and services that can be purchased with a unit of […]
If you’ve read the What is Money? essay from this Anti-Concepts of Money series we can now discuss the Anti-Concept of Velocity. That pseudo-equation MV=PQ described in the What is Money? essay leads us to the anti-concept velocity. The Anti-Concept of Velocity Even in the gold standard, money supply is not a physical object that […]
Jeff is joined by a panel of experts who dive into the 2024 Presidential Candidate’s opinions on the Fed and Monetary Policy. Comic Dave Smith joins to give his opinion on RFK, Vivek, and more! Connect with Jeff and Monetary Metals on Twitter: @JeffDeist @Monetary_Metals Additional Resources Upgrade to Gold 2.0 Vivek Ramaswamy Interview Theory […]
If you’ve read the Introduction to this Anti-Concepts of Money Series then we are ready to address money. The Anti-Concept of Money Merriam-Webster says money is: “something generally accepted as a medium of exchange, a measure of value, or a means of payment.” Wikipedia says: “Money is any item or verifiable record that is generally accepted […]
This essay is more philosophical than my typical writing. The reason is that I need to say something very important, that flies against everyone’s deeply held beliefs about money. And to get to the root of the issue, I must check and challenge the very concepts with which people think about the subject, in order […]
On the latest Debased podcast episode Jeff Deist, Peter St Onge, and EJ Antoni discuss the US and the potential for capital controls and their consequences. How would bank runs, dollar hegemony, and risk premiums change? Will foreign investment into the US fall? Connect with EJ @RealEJAntoni and Peter St Onge @ProfStOnge Connect with Jeff […]
Jeff Deist explains why the Trump indictment is more than just political, the future scenarios that are likely for the dollar, and why the lack of the rule of law is deteriorating our money. Connect with Jeff and Monetary Metals on Twitter: @JeffDeist @Monetary_Metals Additional Resources Why Today is NOT like the 1970’s Upgrade to […]
