Q&A #215

@Albertletoride-hz7ojHi Jeff. Do you know any good source to study the monetary system of Bronze age states (Egypt and Mesopotamia) ? Did you study in detail the pre XXth century monetary systems ? @justifiedmasagony3635: do you anticipate more demand destruction going forward? @dubiousdandy904: Is there any relationship between where we are in the private credit cycle and dynamism (or lack thereof) in the types and numbers of partners in financing deals? (e.g., the recent NVIDIA comedy 🤭). @ianrayner7522: Can Bessent's recent actions be viewed as nothing more than a corporate treasurer restructuring his firm's capital stack? @cmac855: Jeff the world has 9 billion engines they all run on the same fuel. There is not enough fuel for everyone to move their engine. How do we fix money so there is enough for every engine to move? @cmac855: Everything that happens in the world is just governments looking for new ways to create New liquidity. 🤷🏼‍♂️ @ianrayner7522: An article I read recently talked about the Fed's reserve management strategies in which it was implied there was a shortage of reserves - can that be true? @justifiedmasagony3635: man I learned so much from you these last 4 months following the channel @renaudadorno: I think MMT is nonsense, but Is the true mechanics of government spending like they describe where it spends first and taxation destroys it and TGA is just a ledger to reconcile what has happened? @piligrimius82: Jeff, when rates are going to go down by a lot and stay there? @Betto1uallTis: Hello Jeff. With many oil refineries out of commission around the world, how long do think the existing running refineries and repositioned companies be able to supply the world effectively?

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