Stuff That Interests Me

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.comBefore we begin today’s piece, let me flag this video I made based on my recent article about Triffin’s Dilemma. 13 mins long and hopefully worth the effort. Might be the most important thing you watch this week.With all the narratives that come with a gold bull market - and also a bitcoin bull market - that we're heading to some kind of money reset, the dollar or the pound is going to collapse, we are going to end up on a gold or bitcoin standard and so on - you have an end goal. The bull market will continue until we reach that eventuality.However, I doubt very much we go back to a gold standard. Yes, gold's role as reserve asset increases, ditto bitcoin, but I don't see a return to the gold standards of the 19th or 20th century. Much more likely is a Hayekian world of competing currencies.The 20th century gold standards were bogus anyway - which is why they failed. There was no gold in circulation. Americans weren't allowe