This week there isn’t a regular Money for the Rest of Us episode, but David shares an update on what’s happening behind the scenes. He previews an exclusive Plus member livestream on the forces shaping the next decade, explains why there won’t be a new episode next week, and highlights fresh content available on YouTube, Instagram, LinkedIn, and Substack. David also reflects on consistency, community, and the process of writing his second book. Regular episodes return in October.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What happens when the money supply grows too slowly or too quickly? From gold-standard deflation to QE-driven inflation and inequality, we trace the lessons of monetary history, and what we can do today to protect ourselves in an age of infinite money.

Topics covered include:

• How is the money supply measured, and why is it a subjective exercise
• What is an example of a negative money shock
• Why an optimal monetary policy would lead to deflation, and why that is a good thing
• What causes inflation
• How quantitative easing contributed to wealth inequality
• What is demurrage currency
• The unorthodox way Richard Nixon sought to combat high inflation and a strong dollar
• How to increase our wealth in an era of infinite money

Sponsors

LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs

Delete Me – Use code David20 to get 20% off

Show Notes

Distribution of Household Wealth in the U.S. since 1989—The Federal Reserve

M2 (M2SL)—FRED

Good Versus Bad Deflation: Lesson from the Gold Standard Era by Michael D. Bordo, John Landon Lane, and Angela Redish—NBER

Speech by Richard Nixon (15 August 1971)—CVCE

US - Total Market Cap Divided by M2 Money Supply—MacroMicro

Did Quantitative Easing Increase Income Inequality? by Juan Antonio Montecino and Gerald Epstein—CEPWeb

Does Quantitative Easing Affect Inequality: Evidence from the US - Nektarios Michail

Demurrage currency—Wikipedia

Debt: The First 5,000 Years by David Graeber

Related Episodes

482: Unlocking the Power of Positive Skewness: Strategies for Investing, Business, and Creativity

431: The Long-term Bullish Case for Gold

336: Own What Is Real

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

From salmon leaping along the Vancouver Island coast to fake bands on Spotify, this episode explores the divide between the physical and digital economy, and what lumber markets, managed forests, and everyday life teach us about staying connected to the real.

Topics covered include:

• How timber investing works and why it is reflective of how industries evolve
• What percent of economic output is physical versus digital, and how has that changed over the past fifty years
• How households spend their leisure time
• Why live events stand out in an AI-infested world
• Does it matter if ad images, videos, and podcasts are fake?
• Why we need to stay connected to the real

Sponsors

Claude.ai - Sign up for Claude today and get 50% off Claude Pro

Delete Me – Use code David20 to get 20% off

Show Notes

Lumber Prices Are Flashing a Warning Sign for the U.S. Economy by Ryan Dezember—The Wall Street Journal

Lumber Price—Trading Economics

J.Crew used A.I. to counterfeit their own vibes—Blackbird Spylane

American Time Use Survey Summary—U.S. Bureau of Labor Statistics

Related Episodes

535: Six Principles for Thriving Under Uncertainty and How Big Tech Is Doing the Opposite

531: Will AI Wipe Out Half of White Collar Jobs or Is There an AI Bubble?

60: Are You Hoarding Or Investing?

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.