Alasdair Macleod: Understanding Money
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- Опубліковано 7 гру 2022
- Talk given by Alasdair Macleod at a meeting of the Oxford Mises Society.
Alasdair Macleod is Head of Research for Goldmoney (www.goldmoney.com/research). He has been a celebrated stockbroker and member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy.
Alasdair Macleod started his career as a stockbroker in 1970 on the London Stock Exchange. Within nine years, he had risen to become senior partner of his firm. Subsequently, he held positions at director level in investment management and worked as a mutual fund manager. Mr Macleod also worked at a bank in Guernsey as an executive director.
For most of his 40 years in the finance industry, he has been demystifying macro-economic events for his investing clients. The accumulation of this experience has convinced him that unsound monetary policies are the most destructive weapon governments use against the common man. Accordingly, his mission is to educate and inform the public in layman’s terms about what governments do with money and how to protect themselves from the consequences.
Recorded at Corpus Christi College, Oxford on 26th October 2022.
I just watched it for the third time and definitely will watch it again. What an intellectual gem this gentleman is.
Huge respect for MacLeod who is the throwback to the integrity of earlier times.
I think I need to relisten to that message again and probably again. A masterclass in how things work. Thank you Alistdhair
His words are worth their weight in gold!
TRUTH! Could not make things any clearer! Bravo Mr Macleod!
Fantastic! Thank you for sharing!
It is shocking to truly understand that the real loss of wealth is not taxes, it is not regulation, it is not fees. It is the structure of our currency in itself!
Imagine the advancements of our civilisation as a whole with cheap energy. Imagine the growth of living standards across the globe. In 1000 years we will look back onto this period and think of it as dark ages.
thank God we have Alistair Macleod, he explains how money works perfectly
Dear Mr.MacCleod love this lecture in Oxford, so terrible interesting, thank you so much.
Excellent talk Alasdair. I'm a bit late as I've only just listened to this one.
A masterful disquisition of our present circumstances. Thank you, Alasdair, sir.
I was in grade 3 in Canada late 60s I never forget I put my hand up and asked the teacher when do we learn about money she told me we don’t teach that and the whole class laughed at me I understand it today it is a ponzu scheme prepare for the worse and hope for the best god bless this man
Top man top talk ! We go in to this storm with are eyes wide shut !!! 👁
A brilliant guest speaker, thanks so much for sharing. 👍
Excellent as always 👍
excellent presentation and i love the reference to the collapse of Rome under Diocletian as it is so very relevant. Diocletian's price cap edict covered more than 2000 everyday items. Many people gave up their trades because they couldnt charge enough to cover their costs then Diocletian passed another law that every son should follow in the footsteps of his father i.e. continue his fathers trade, under penalty of death. The rest is history.
Somewhat Soviet-like?
Thanks for sharing the excellent talk, appreciated it. Simple and plain on money.
As usual, a fantastic performance.
Wow! Amazing video! Thank you!
Right on.
Great talk thanx
A good proportion of the student audience had no idea of the history and significance of gold and silver, prior to the event.
One of the best!
Great speech! It would be nice if Macleod could shed more light on how fiat currencies are used to consolidate and concentrate power among the few over the many, via debasement (wealth extraction). Who benefits the most, and why?
That si not very complicated - wage-earners have to keep on working harder and harder for ever-increasing cost of life, while asset holders watch their assets (such as stocks) increase in value. To someone wealthy, currency is little more than a hot potato used to go in and out of assets.
I am Alasdair McCleod of the clan McCleod, and I am an immortal
I reckon after listening to this 50 or 60 times I might begin understand what he is talking about.
Well done Alasdair. Silver Squeeze January 6. Load up and break the CRIMEX and LBMA 🥈🥈🥈👍
This is the talk I send to people who want to better understand $Bitcoin
Is that a portrait of William Tyndale in the background?
The people suffer through lack of knowledge!
cause of system that suck them up.
Justinian Deception channel , very good info.
Outstanding brief Alasdar! Shame it was wasted at Oxford University 😂😂
Sorry Oxford University, I've just been berated by my wife! To reword my statement, " It could even moreso wasted at Cambridge University " 😂
it’s not just banks: the majority of “current liabilities” are also double entries in bookkeeping, but created by companies. These are eg outstanding (not credited yet) invoices to customers. Because general payment conditions in industries allow for 3months, I think this is 1/4th of gdp.. a major thing when confidence in economy and currency drop, then these allowances quickly contract, and will contract the first. most companies (granted not the wef multinationals and their “captains of industey” dummies) most companies, you see, have SKIN in the game. a bank manager at the end of his career? not so much.
@18:38 i don’t under the point Alastair is making we he said that Americans were recycling their petrodollars through South American country.
Can someone explain this to me.
Thanks
"Bank lending creates deposits." BoE, 2014
Understanding money people? When God puts holes in the Nation's pockets ? And why ? Because of the deeds of the wicked . Seek the Face of God ALMIGHTY and he will bless you above measure. 👍✝️✌️
Surely the best option is too let inflation run hot until the quantity of money equalises prices of goods.
I think that'll end in bloodshed. Think the French Revolution.
Trouble is that would be so instantaneously damaging to the economy revolution would be quick
so you want to lost all of you working years :)
@@jimmillward3505 yes, but there are now only two options. Increase interest rates or let inflation increase. Keeping on hiking interest rates until something breaks with the amount of debt in the system would be instantaneously catastrophic. We might never recover. Allowing prices to increase can be much more gradual and far less catastrophic.
recomand to see the historical chart on my channel at section live.