Part 1/9:
Understanding the International Gold Standard and Bitcoin's Role
In recent discussions surrounding global finance, the concept of an international gold standard has resurfaced. This conversation touched upon the intriguing dynamics of central bank interest rates and how these reflect political rather than purely economic decisions. The discourse examines the existence of carry trades among central banks and suggests that despite being framed as economic decisions, they often operate within a political framework. The implications of these interest rate differentials are profound and challenge conventional economic wisdom.