From today, Macro Watch will begin rolling out a long series of short videos that will explain everything necessary to understand how the economy works in the 21st Century, in contrast to the way it worked before 1968 when Dollars were backed by Gold.
This new series will be called Creditism 101.
When completed, it will serve as a comprehensive course that teaches macroeconomics in our post-Capitalist era.
It may eventually even appear as a book.
These videos will be in addition to the conventional Macro Watch videos which typically focus on current developments in the global economy and how those developments are likely to impact asset prices. Those videos will continue to be produced on a regular basis as before.
The Creditism 101 videos will detail how the replacement of gold-backed Money with fiat Money between 1968 and 1971, and the subsequent explosion of Credit in the United States, fundamentally altered our entire economic system by removing many of the most important constraints that had limited economic growth up until then.
Creditism 101 will bring together in one place all the information that is required to understand macroeconomics in this age of fiat money. And it will explain why the economy works very differently today than it did in the past.
These videos will also serve as an introduction to Macro Watch for new subscribers…
And as reference material that existing subscribers will be able to review whenever questions arise.
Macro Watch subscribers can log in now to see an outline of the most important topics that will be covered in this series.
This video is 10 minutes long and contains 27 slides that can be downloaded.
If you have not yet subscribed to Macro Watch and would like to, click on the following link:
SUBSCRIBE TO MACRO WATCH
For a 50% subscription discount hit the “Subscribe Now” button and, when prompted, use the coupon code: Evolved
You will find 100 hours of Macro Watch videos available to watch immediately.
A new video will be added approximately every two weeks.
Finally, CLICK HERE to see a list of all the videos in the Macro Watch archives.
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