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Monetary Theory

Monetary Theory
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Available Formats Monetary Theory Secure Scanned : 08/30/2026
Monetary Theory

Monetary Theory - Season 1 Episode 2

Monetary Theory 2026 -

Overview:In lecture two, we learn about the mechanics of a gold standard, focusing on how supply and demand for monetary gold determine money’s quantity and purchasing power. Dr. White explains the system’s self-correcting mechanism, where changes in demand spur adjustments in gold mining, restoring equilibrium and supporting long-run price stability. Comparing gold and fiat systems, the lecture highlights historically lower inflation, greater price predictability, and stronger fiscal discipline under gold. Finally, we review common objections about gold resource costs and consider why economists today generally oppose returning to a gold standard.

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First Air Date: Mar 03, 2026 Last Air date: Mar 03, 2026 Season: 1 Season Episode: 8 Episode Runtime: 26:14 minutes Quality: HD IMDb: 10 / 10 by 0 users Popularity: 0.6896 Language: en

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