37 min
Is Debt the Cause of the Ponzi Scheme? | No BS With Birchy | EP 148 No BS With Birchy
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- Education
In this episode of No BS with Birchy, join Nathan Birch as he dives deep into the concept of Ponzi schemes. Nathan explores their very origin, some of the most well-known Ponzi schemes in history and how they can be comparable to today’s currency systems. Has government debt essentially caused the Ponzi scheme of today?
Tune in as Nathan share’s detailed data extracts and realistic examples on our currency systems overtime and how it has evolved into the Ponzi scheme of the 21st century.
Show Notes:
1:35 - The definition of a Ponzi scheme.
2:35 - How our currency system mimics a Ponzi scheme.
4:08 - Scenario breakdown with the first $100 ever created.
5:02 - The history & origin of the Ponzi scheme.
6:35 - Bernie Madoff - The biggest Ponzi scheme in history.
7:51 - The beginnings of our currency systems.
11:46 - The traditional red flags of a classic Ponzi scheme.
13:32 - Why does the government borrow money when it prints it?
16:01 - Example of a Ponzi scheme.
16:46 - The difference between a Ponzi v Pyramid scheme.
18:29 - Looking at the debt-based Fiat Ponzi scheme of today.
19:45 - Australia’s M1 Money Supply - chart breakdown
21:00 - Shifting of the family unit overtime and its role in today’s Ponzi scheme.
23:00 - Australia’s M3 Money Supply - chart breakdown.
23:55 - 10yr Australian Government Bond Yield - chart breakdown.
24:10 - Australian Cash Rate Target - chart breakdown
24:51 - FRED M1 - chart breakdown.
30:51 - Is our currency system really a Ponzi scheme?
Listen to this week’s episode while you’re running an errand or on the road here.
Liked the episode? Why not show it some love by liking it and leaving your thoughts in the comments?
Interested in building your property investment portfolio? Chat with our Investor Relations team to see how we can help you grow your investment property portfolio here.
Follow and turn on B.Invested’s Facebook page notification to know when Nathan’s going live every fortnight on Tuesday at 7:00 pm AEDT.
*DISCLAIMER*
The following videos have been prepared by Binvested.com.au Pty Ltd ACN (154 400 370). The factual information (“information”) provided in this website and the following videos is general in nature only and does not constitute any type of financial advice and is not intended to imply any recommendation or opinion about a financial product. The information has been prepared without considering your personal objectives, financial situation or needs. Before acting on any information provided in this website and in the following videos you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. Binvested.com.au Pty Ltd is not a financial advisor. Before making any decision, it is important that you should seek appropriate legal, tax, financial and other professional advice before you make any decision regarding any information mentioned in this communication, its website and the following videos. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided and accordingly neither Binvested.com.au Pty Ltd nor its related entities, affiliate companies, employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information. We can provide access to our Investor Relations team should you wish to speak to them. Please contact 1300 367 925 to speak to a member of the Investor Relations team.
In this episode of No BS with Birchy, join Nathan Birch as he dives deep into the concept of Ponzi schemes. Nathan explores their very origin, some of the most well-known Ponzi schemes in history and how they can be comparable to today’s currency systems. Has government debt essentially caused the Ponzi scheme of today?
Tune in as Nathan share’s detailed data extracts and realistic examples on our currency systems overtime and how it has evolved into the Ponzi scheme of the 21st century.
Show Notes:
1:35 - The definition of a Ponzi scheme.
2:35 - How our currency system mimics a Ponzi scheme.
4:08 - Scenario breakdown with the first $100 ever created.
5:02 - The history & origin of the Ponzi scheme.
6:35 - Bernie Madoff - The biggest Ponzi scheme in history.
7:51 - The beginnings of our currency systems.
11:46 - The traditional red flags of a classic Ponzi scheme.
13:32 - Why does the government borrow money when it prints it?
16:01 - Example of a Ponzi scheme.
16:46 - The difference between a Ponzi v Pyramid scheme.
18:29 - Looking at the debt-based Fiat Ponzi scheme of today.
19:45 - Australia’s M1 Money Supply - chart breakdown
21:00 - Shifting of the family unit overtime and its role in today’s Ponzi scheme.
23:00 - Australia’s M3 Money Supply - chart breakdown.
23:55 - 10yr Australian Government Bond Yield - chart breakdown.
24:10 - Australian Cash Rate Target - chart breakdown
24:51 - FRED M1 - chart breakdown.
30:51 - Is our currency system really a Ponzi scheme?
Listen to this week’s episode while you’re running an errand or on the road here.
Liked the episode? Why not show it some love by liking it and leaving your thoughts in the comments?
Interested in building your property investment portfolio? Chat with our Investor Relations team to see how we can help you grow your investment property portfolio here.
Follow and turn on B.Invested’s Facebook page notification to know when Nathan’s going live every fortnight on Tuesday at 7:00 pm AEDT.
*DISCLAIMER*
The following videos have been prepared by Binvested.com.au Pty Ltd ACN (154 400 370). The factual information (“information”) provided in this website and the following videos is general in nature only and does not constitute any type of financial advice and is not intended to imply any recommendation or opinion about a financial product. The information has been prepared without considering your personal objectives, financial situation or needs. Before acting on any information provided in this website and in the following videos you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. Binvested.com.au Pty Ltd is not a financial advisor. Before making any decision, it is important that you should seek appropriate legal, tax, financial and other professional advice before you make any decision regarding any information mentioned in this communication, its website and the following videos. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided and accordingly neither Binvested.com.au Pty Ltd nor its related entities, affiliate companies, employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information. We can provide access to our Investor Relations team should you wish to speak to them. Please contact 1300 367 925 to speak to a member of the Investor Relations team.
37 min