THE REAL WORLD OF MONEY
Fred Dashevsky is from Long Island New York. He attended University of New York at Albany and studied psychology, political science, and economics. Fred started in the coin business in 1984 in Northern New Jersey opening several offices in Southern California in the mid 80s. He returned to the east coast in 1989 and opened Hilton head office for SDL Inc. in 1991 with partner Andrew Gause.
-What are the naysayers saying about using a gold standard? What would bring the economy to a screeching halt?
-A stable monetary policy would take away all the games that are being played. Is it possible?
-Fred explains why and how a stable dollar would change everything
-Fred discusses cryptocurrency; Facebook wants to create it’s own. Could the government step in and regulate it? Fred says yes and explains why. Hint: money laundering laws
-The Banking Secrecy Acts
-Bitcoin is a difficult thing to use in the real world. Can one really live on Bitcoin realistically? Fred tells of someone who tried living on Bitcoin for a month. The experiment wasn’t very successful.
-Blockchain technology is here to stay
-Interest rates, mortgages and how banks create money out of thin air.
-There’s not much leeway to kickstart the economy with such low interest rates
-Is the economy in good shape? Fred elaborates on why it’s a little pokey
-The rising prices of gold and silver. When you snooze. you lose. Fred has observed that people tend to accumulate when the prices are going higher instead of accumulating when it’s low.
The Real World of Money with Fred Dashevsky and Patrick Timpone, July 17, 2019 ONE
The Real World of Money with Fred Dashevsky and Patrick Timpone, July 17, 2019 TWO
July 22, 2019 @ 4:21 pm Greg
Great Show, as it always is. Thank You both.
November 3, 2019 @ 3:37 pm Elliott T
Do humbly disagree that China is not having a big impact on the world, that its influence is overstated. If Fred is saying that the USA is ruling by force (800 military bases, military stations, outposts), bribing world leaders (or threatening death if they choose not to accept the bribe), and extortion through World Bank and IMF, then I would agree with Fred about the power and influence of The Federal Reserve/World Bank/IMF; but here is where I disagree. Two big players already opted out by being owned by the IMF<World Bank<Federal Reserve–anyone studying this knows that both the WB and IMF are creatures of The Fed–are China and Russia; and India is not far behind. The BRICS has been naively written off by "The Boys", but keep in mind who BRICS is: Brazil, Russia, India, China, South Africa. There are reasons why "The Boys" continually bribe leaders of Brazil, Chile, Ecuador through the IMF to keep BRICS at bay. When Fred says no way that "The Boys" would allow the $US to fall by the wayside as leading currency based upon his knowledge of history, may I suggest that he study the complete works of Michael Hudson, economist, who has delved deeply into history to prove Fred incorrect in his understanding of 5,000 years human economic endeavor. "The Boys" undermined Asia and caused massive ruination of its countries, including Japan, only one country, which took the advice of Lyndon LaRouche, weathered the storm and that would be Malaysia. As a matter of fact, China used his ideas to fund and orchestrate what "The Boys" have written off as sheer debacle, The New Silk Road. That LaRouche idea originated with the likes of Benjamin Franklin, Alexander Hamilton, and Carey (the latter can be traced to Lincoln's transcontinental railroad, Germany's national railway, and Russia's trans Siberian railroad.) Here is where both Fred and I agree! China and Russia are stockpiling gold, and have been doing it for a decade or more! Anyone reading this who either disagrees or wants to learn more, study the works of Lyndon LaRouche along with Michael Hudson and see if you can disprove concepts just stated. Ironically, it seems that Russia and China are using concepts that made America a world economic power, the so named "American System," which is not totally just about republic, but how Federal Central Government fought off private bankers that attempted to fund US Revolutionary War, and its Civil War; both of which were thwarted by Alexander Hamilton to the former, and A. Lincoln to the latter. Note that both were killed. Keep up the good work, Fred! Enjoy these podcasts, great stuff!