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On the Doomed Economy - What is "Currency?" - What is the difference betweent "REAL" and "FIAT" Currency? - Are EITHER of these "MONEY" ?

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When? This feed was archived on October 24, 2021 01:29 (2+ y ago). Last successful fetch was on November 03, 2020 11:08 (3+ y ago)

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Manage episode 274204812 series 2803674
Контент предоставлен Kevin Stewart. Весь контент подкастов, включая выпуски, графику и описания подкастов, загружается и предоставляется непосредственно Kevin Stewart или его партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.

In recent news coverage, much mention has been made to underpinning functions between different county's "Currency" used arorund the world, including, particularly China, among others.
"Devaluation" is one term used, as an example; and is most common. For a "devaluation" of a "currency" to take place, it first MUST BE BASED on "something" which, in truth of fact, entirely WORTHLESS, hence the most common "finanical" term bantered about in open media is the term, "fiat currency" which so few understand.
THIS recording makes understanding that?
A THIRD GRADER COULD GET IT....
Took much thought and effort to encapsulate such a convoluted topic into this simple analogy, all I can say is feel this depiction was a "gift" to answer a prayer for a way to do this, and it is with this intent of heart, that you take a minute, play this in background while you go about your other activities, and enjoy...
The US has a "Currency" system as well, much is being done to attempt to bring this off of the vanted position of what is known as the World's "Reserve Currency" but that is beyond the scope of this introduction.
This alone, hopefully will encourage you to join others.
Many Thanks for listening!
Hosted By: Kevin Stewart


Buzzsprout Podcast Hosting
EASY! Start-Up your OWN PODCAST and GET HEARD!
Support the show (https://py.pl/9ZlcenckJKm)

  continue reading

23 эпизодов

Artwork
iconПоделиться
 

Архивные серии ("Канал не активен" status)

When? This feed was archived on October 24, 2021 01:29 (2+ y ago). Last successful fetch was on November 03, 2020 11:08 (3+ y ago)

Why? Канал не активен status. Нашим серверам не удалось получить доступ к каналу подкаста в течении длительного периода времени.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 274204812 series 2803674
Контент предоставлен Kevin Stewart. Весь контент подкастов, включая выпуски, графику и описания подкастов, загружается и предоставляется непосредственно Kevin Stewart или его партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.

In recent news coverage, much mention has been made to underpinning functions between different county's "Currency" used arorund the world, including, particularly China, among others.
"Devaluation" is one term used, as an example; and is most common. For a "devaluation" of a "currency" to take place, it first MUST BE BASED on "something" which, in truth of fact, entirely WORTHLESS, hence the most common "finanical" term bantered about in open media is the term, "fiat currency" which so few understand.
THIS recording makes understanding that?
A THIRD GRADER COULD GET IT....
Took much thought and effort to encapsulate such a convoluted topic into this simple analogy, all I can say is feel this depiction was a "gift" to answer a prayer for a way to do this, and it is with this intent of heart, that you take a minute, play this in background while you go about your other activities, and enjoy...
The US has a "Currency" system as well, much is being done to attempt to bring this off of the vanted position of what is known as the World's "Reserve Currency" but that is beyond the scope of this introduction.
This alone, hopefully will encourage you to join others.
Many Thanks for listening!
Hosted By: Kevin Stewart


Buzzsprout Podcast Hosting
EASY! Start-Up your OWN PODCAST and GET HEARD!
Support the show (https://py.pl/9ZlcenckJKm)

  continue reading

23 эпизодов

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