77: The Invisible Tax: End The Fed

"Everyone should have an intense interest in what money is and how it’s manipulated by the few at the expense of the many. Money is crucial for survival. It is necessary for maintaining a free society. A healthy economy depends on it. Limiting political power is impossible without it. Sound money is essential for preventing unnecessary wars. Prosperity and peace in the long run are impossible without it."

Welcome back to another episode of Made You Think! In this episode, Nat and Neil are joined by their official new co-host, Adil Majid! In today's episode, they discuss their key takeaways from End the Fed by Ron Paul, a book which explains the fundamental problems with fiat money and provides a history on banking in the US. If you've never challenged the role of the Federal Reserve, this is an episode you won't want to miss.

We cover a wide range of topics including:

• Currency vs. money; How are they different?

• The shift in power from countries to companies

• Money printing, inflation, and the fate of the US dollar

• The Cantillon Effect, and who benefits the most from this

• Why utility is important in the longevity of currency

And much more. Please enjoy, and make sure to follow Nat, Neil, and Adil on Twitter and share your thoughts on the episode.

Links from the Episode:

Mentioned in the show:

• Great Books Program (2:11)
• Growth Machine (8:22)
• Audit the Fed, Sanders and Paul (10:04)
• Taylor Pearson - Cryptocurency and the Turkey Problem (12:28)
• Luna (19:45)
• Tether (20:08)
• Nat’s Tokenomics 101 (22:35) 
• Nat's Tokenomics 102 (22:35) 
• Starlink (26:46)
• The Tim Dillon Show (29:16)
• Reagan tells Soviet jokes (35:04)
• Flexport (36:50)
• Bank of North America (39:18)
• First Bank of the United States (39:23)
• Second Bank of the United States (39:24)
• Independent Treasury System (39:27)
• Jekyll Island (48:14)
• Cantillon Effect (49:45)
• Fiat money (54:28)
• 40% of US dollars in existence were printed in the last 12 months (59:15)
• Iron (1:00:12)
• DAI Stablecoin (1:01:11)