11 Comments
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Matovu Martin's avatar

This is the most insightful thing I have watched about economics.... In my entire 28 year life.

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Mitch's avatar

Very interesting Alasdair. Thanks very much for bringing it to us

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David Bushnell's avatar

Hello, Alisdair: In your interview with Andy Millette at 42:16, you briefly mentioned an economics writer who analyzed the collapse of the German currency (I believe you were referring to the Weimar period). It was a bit difficult to understand. Who was the author, and what was the title of the book please…? Regards

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Richard Thorn's avatar

Morning David, if you scroll down the utube page you can actually get a transcript of the video and search there if it is easier. I do remember Alasdair mentioning Gresham's Law, but in the context of your comment he may well have referenced von Mises or Stefan Zweig. Happy hunting!

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Catherine H's avatar

Hi David, I think Alasdair meant the book 'When Money Dies - the nightmare of the Weimar Hyper-inflation' by Adam Fergusson Published in 1975

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David Bushnell's avatar

Got it Richard, many thanks! Will reread….

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David Bushnell's avatar

Hi Richard, thanks for the transcript idea! At 42:16 it’s still a bit garbled… Rgds

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Richard Thorn's avatar

Yes it's definitely Hayek's 'Road to Serfdom'. Just checked :-)

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Catherine H's avatar

Yes, you're right Richard .. my mistake. The 'Road to Serfdom' it is .. A difficult read !

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Mark's avatar

Thank you Alasdair for your great insights and perspective. Question: I am wondering what you think of PHYS Sprott Physical Gold Trust as an investment. I think I know what you are going to say... I am risking sounding foolish to hear your perspective which I and others value. Thank you!

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Michael's avatar

Thank you Alasdair.

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