Unraveling The Mysteries Of Money

Harald Uhlig as well as I did a fun interview run past times Gideon Magnus (Chicago PhD) at Morningstar. We verbalize almost the foundations of money, financial theory, monetary policy, European debt problems, etc. Gideon framed it well, as well as Harald is actually sharp. Somebody combed my hair. A cleaned upwards version of the interview appeared inward the Morningstar Advisor Magazine (html) (A prettier pdf)



H5N1 link in illustration the video doesn't operate or doesn't embed good (if you lot encounter "server application unavailable" the link unremarkably withal works), or if you lot desire the master source.

The video starts a trivial abruptly, every bit it left out Gideon's thoughtful introduction (it's inward the Magazine) and framing question:

Gideon Magnus: I desire to hash out the value of coin as well as the thought that coin is valued similarly to whatsoever other asset. Are at that spot actually assets backing money? If so, what are they? John, delight explain.