Скачать или смотреть Chapter 2 - Decoding Money: Its Classification and Why Ancient Wisdom Demands "100%Public Money" Fix

Welcome to the Deep Dive!

🎧 About This Episode
Podcast-like Audio Guide to Chapter 2 of Public Money (Book info below)
Based on the original "Chapter 2: In the Beginning was Definition of Money".

🌍 Why This Series:
Imagine a world where money truly serves the people — not the other way around.
The failure of current financial system is not an accident — it’s by design and can be fixed.
In this "Public Money Audio Guide Series", we’ll explore how a systemic reform can end national debt, recurring crisis, inequality and control, while restoring public money system that truly serves society and sustain our planet.
Full Playlist (chapter-by-chapter): upcoming
Book Essentials:    • Public Money - Book Essentials (All 15 Cha...  

⏰ Topics in This Episode:
00:00 What is Money, Really?
01:44 Two Lens to Classify: Public vs. Debt Money, and Legal Tender vs. Functional Money
02:54 Public Money (Interest-Free, State-Issued)
03:28 Ancient Examples: Lydian Coins & Chinese Fiat Paper Currency
04:26 Modern Examples: U.S. Notes & U.K. Treasury Notes
08:26 Japan’s 1,160-Year History of Public Money
09:48 Seigniorage: The Profit from Public Money Creation
10:17 The Current Reality: Public Money Marginalized (0.3%) and Debt Money Dominates (99.7%)
11:00 Debt Money (Interest-Bearing, Bank-Issued IOU)
12:24 The Origin of Central Bank & Tale of Stockholms Bank
13:55 Ownership Structure of BOE, BOJ, and FED & How They Issue Debt Money Today
17:42 Legal Tender
19:14 Functional Money
21:24 The Great Depression: When Functional Debt Money Evaporated
23:04 Shift to Debt Money System: Case of Bank of Japan (1882)
24:44 Inherent Flaws of the Debt Money System
25:24 The Proposed Solution: Transition Back to Public Money
27:55 The Outcome: 100% Legal Tender & Public Money
30:32 Final Thought: Reclaiming the Seigniorage Benefit

Corrections
08:37 "11,160 years ..." → "1,160 years ..."
28:13 “… liability of the state …” → “… net asset of the state …”

📘 Book Information (Audio Guide Source):
Official Page: https://doi.org/10.1007/978-981-97-65... (Hardcover & eBook)
Public Money: The Systems Solution to End National Debt, Banking Crisis, Built-In Inequality, Inflation and Control by CBDC.
By Kaoru Yamaguchi and Yokei Yamaguchi, published by Springer (Feb 2025).

⚠️ Notes:
This is an educational summary of the original source book, not a verbatim reading.
Created by the book authors with NotebookLM.
Please do not quote this material as an authoritative reference.
Support the original publication by reading or citing the book.

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#PublicMoney #DebtMoney #FractionalReserveBanking #FederalReserve #BankofEngland #BankofJapan #FinancialCrisis #GovernmentDebt #NationalDebt #Macroeconomics #MoneyCreation #MonetaryPolicy #CentralBank #Muratopia