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Podcast: Crypto Voices
Episode: PE54: Where was the hyperinflation in 2008? (IX)
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This is the fifty-fourth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.
Contents
00:00 Intro
02:00 Exploding reserves (and balance sheet)
03:20 What happens when supply outstrips demand...
04:35 "Tool 1:" Interest on required reserves
09:09 "Tool 2:" Interest on excess reserves
14:12 Zero interest rate policy years
15:00 Trying to "normalize"...
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