China, Fiat Power, and What Global Strength Really Means

Show Notes

Matthew breaks down what global monetary power actually represents and why it matters far more than surface level headlines. He walks through changes in the global monetary base over time, highlighting how dramatically fiat money expanded during COVID, rising from roughly 5 trillion dollars before the global financial crisis to nearly 32 trillion at the peak. Since then, the total has contracted to around 27 trillion, signaling that the extreme phase of monetary expansion has already passed. A Clip From Porkopolis Economics Episode 342 Chapters: 00:00:00 - Intro 00:00:16 - China's Economic Power Throughout History 00:00:55 - Monetary Base Expansion and Property Rights 00:01:27 - China's Currency Strength and Global Power Show Sponsor: Debifi - https://debifi.com/ Donations to Porkopolis Economics via BTCPay are appreciated: https://donate.basemoney.world/i/9Y1RzT4cp3y8VEYhjEKkwi Host: Matthew Mezinskis https://porkopolis.io Twitter: https://x.com/porkopolis_econ Show content is not investment or financial advice in any way. #money #china #unitedstates