728: Richard Duncan: The Money Revolution

My guest in this episode is Richard Duncan. Richard is the author of four books analyzing the causes and the effects of the economic crises that have brought the global economy to the brink of collapse during recent decades.

The Dollar Crisis: Causes, Consequences, Cures (2003) explained why a worldwide economic calamity was inevitable given the flaws in the post–Bretton Woods international monetary system. It was an international bestseller. The Corruption of Capitalism (2009) described the long series of U.S. policy mistakes responsible for the Crisis of 2008. It also outlined the policies necessary to permanently resolve it. The New Depression: The Breakdown of the Paper Money Economy (2012) introduced an important new analytical framework, The Quantity Theory of Credit, that explained all aspects of the global economic crisis that began in 2008: its causes, the rationale for the government’s policy response to the crisis, likely future developments and how those developments could affect asset prices and investment portfolios.

His latest book is The Money Revolution: How to Finance the Next American Century (2022). The first two parts of the book describe the evolution of Money and Credit over the last century. These include a detailed history of the Federal Reserve since its establishment in 1913 and a discussion of the transformation of our economic system from Capitalism to Creditism during the five decades since Dollars ceased to be backed by Gold. Parts One and Two show that a “Money Revolution” has occurred and fundamentally altered the way the global economy functions. Part Three demonstrates that this Money Revolution opens up unprecedented opportunities for the United States to radically accelerate economic growth, enhance human well-being and strengthen US national security by investing aggressively in the Industries and Technologies of the Future.

Since beginning his career as an equities analyst in Hong Kong in 1986, Richard has served as global head of investment strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington, D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok. He also worked as a consultant for the IMF in Thailand during the Asia Crisis.

Since 2013, Richard has published the video-newsletter Macro Watch, which analyzes the new forces driving the economy and the financial markets in the 21st Century.

Interview Links:

Richard Duncan Economics: https://richardduncaneconomics.com/

Resources:

The 21 Best Cashflow Niches™: www.cashflowninja.com/21niches

Subscribe To The Best Cashflow Niches™ Newsletter: www.cashflowninja.com/bestniches

Join My Inner Circle & Mastermind Cashflow Nirvana www.cashflowninja.com/nirvana

Connect With Us:

Website: http://cashflowninja.com

Podcast: http://resetinvestingsecrets.com

Podcast: http://cashflowinvestingsecrets.com

Substack: https://mclaubscher.substack.com/

Amazon Audible: https://a.co/d/1xfM1Vx

Amazon Audible: https://a.co/d/aGzudX0

Facebook: https://www.facebook.com/cashflowninja/

Twitter: https://twitter.com/mclaubscher

Instagram: https://www.instagram.com/thecashflowninja/

Linkedin: https://www.linkedin.com/in/mclaubscher/

Gab: https://gab.com/cashflowninja

Gettr: https://gettr.com/user/mclaubscher

Minds: https://www.minds.com/cashflowninja

Youtube: http://www.youtube.com/c/Cashflowninja

Bitchute: https://www.bitchute.com/channel/cashflowninja/

Rumble: https://rumble.com/c/c-329875

Odysee: https://odysee.com/@Cashflowninja:9

Gab Tv: https://tv.gab.com/channel/cashflowninja

Brighteon: https://www.brighteon.com/channels/cashflowninja