Joseph Wang, Author of the book "Central Banking 101" joins me for an in-depth conversation about his career working at the Federal Reserve.Be sure to check out Swan Private, the trusted Bitcoin financial services provider for high-net-worth individuals and businesses worldwide: https://www.swanprivate.com/breedloveGUESTJoseph's Twitter: https://twitter.com/FedGuy12Joseph's Website: https://fedguy.comCentral Banking 101: https://www.amazon.com/Central-Banking-101-Joseph-Wang/dp/0999136747PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:Outline00:00:00 “What is Money?” Intro Music00:00:08 “What is Money?” Intro Message00:00:54 Join me at The Pacific Bitcoin Conference 2022 in LA!00:01:48 Do More with Your Digital Assets with Ledn00:02:18 Introducing Joseph and His Career at the Federal Reserve00:07:58 The Federal Reserve Acting As Lender of Last Resort to Commercial Banks00:15:37 Gold Lacking Portability and the Creation of Currency00:22:14 Does Money Need to be "Elastic" to Succeed?00:37:00 Take Control of Your Healthcare with CrowdHealth00:38:02 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet00:38:37 Learn about Bitcoin with Swan Private at SwanPrivate.Com00:39:31 Invest in the Fine Art Market with Masterworks00:40:07 Hold Bitcoin is the Most Secure Custody Model with Casa00:40:55 Is Monetary Inflation Theft?00:49:00 How Bitcoin Reapplies Constraints on Government and Why Bitcoin Can't Be Shut Down00:53:38 Inflation Is Theft 01:00:37 The Central Bank "Put" on Government Bonds01:09:45 Are Central Banks Coordinated?01:15:14 What Does The End Game For Our Current Monetary Policy Look Like?01:19:32 Where to Find Joseph's Work|01:19:57 “What is Money?” Outro MusicSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESSwan Private guides high-net-worth individuals and businesses in all areas of Bitcoin strategy: https://www.swanprivate.com/breedloveLedn lets you do more with your digital assets: https://www.ledn.io/CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breedloveWasabi Wallet is a Bitcoin wallet with privacy built-in by default: https://wasabiwallet.io/Okcoin is an innovative and education-focused cryptoasset exchange platform—earn $50 in free Bitcoin by signing up at: https://okcoin.com/breedloveJoin me at Pacific Bitcoin Conference 2022 in LA, use discount code BREEDLOVE: https://www.pacificbitcoin.com/Masterworks let you access the fine art market at more affordable price points (use discount code BREEDLOVE): https://www.masterworks.comCasa is the most secure way to custody your Bitcoin (use discount code BREEDLOVE): https://keys.casa/Feel Free is an herbal wellness tonic and alcohol alternative that makes you feel amazing! (use discount code BREEDLOVE): https://botanictonics.com/Automatic Recurring Bitcoin Buys and Withdrawals: https://www.swanbitcoin.com/breedlove/