Money's Alchemy

Money's Alchemy Ep 2 | Degens and Bubbles in History | with Manny Rincon-Cruz


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0:00 John Law in the year 1720 3:31 What is the difference between Money and Credit? 6:45 Manny's take on definition of Money 12:50 Poker cash games and credit creation 16:24 John Law's life 19:19 Mississippi Company structure 21:23 Price Action - Mississippi Company 28:35 The South Sea Company 32:00: Isaac Newton's FOMO 34:36 Important periods in history This is a weekly show dedicated to understanding our money system, why it evolved the way it did and the role Stablecoins can play in morphing our future. In our second episode we will discuss 1. Accounting behind credit creation and a poker analogy 2. John Law and the Mississippi Company 3. The South Sea Company 4. Black Death in the 1300s 5. How Isaac Newton got rugged Slides: https://www.beautiful.ai/player/-NN3cjyfcavA22rw8Dfn

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Money's AlchemyBy Stablecoin Labs