An audiobook in 36 chapters

Money,
Mastered

From zero to mastery in macroeconomics, money, investing, trading, and Bitcoin.

Produced by The Joy Digi · Voiced by Alex & Jordan

Money, Mastered cover art

Chapter XIV of XXXVI now available

The Ledger

14 of 36 chapters minted.

Each coin is a chapter. Gold ones are ready to play — tap one to start there.

Contents

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  1. IWhat Money Really IsWhat money is, why the dollar has value, and why wealth is not money.Read transcript
  2. IIInflation, the Silent TaxInflation, CPI, winners and losers, and real vs nominal returns.Read transcript
  3. IIIThe Fed and Central BanksCentral banks, the rate transmission chain, QE, and why you never fight the Fed.Read transcript
  4. IVInterest Rates: The Price of MoneyInterest rates as the price of money — how rates are set and why they reprice stocks, housing, and everything else.Read transcript
  5. VMoney Supply, QE and QTHow the Fed expands and contracts the money supply through QE and QT — and why liquidity is the tide that moves every asset.Read transcript
  6. VIThe Dollar and the Global SystemHow the dollar became the world's reserve currency — and why its moves ripple through every price on the planet.Read transcript
  7. VIIStocks: Owning a Slice of a BusinessChapter 7 explains what a share of stock really is — a slice of a living business — covering equity versus debt, why companies go public, dividends and buybacks, and why stock prices move with interest rates.Read transcript
  8. VIIIExchanges, Orders, and Market MakersYou tap buy on your phone, and a fraction of a second later you own a piece of a company — but who sold it to you? Chapter 8 opens the hood of the market: the order book, bids and asks, market versus limit orders, and the market makers who keep every trade moving.Read transcript
  9. IXMarket Cap and IndexesThe market was up today — but what does that even mean? This chapter opens up the scoreboard: how market capitalization really works, why a handful of trillion-dollar giants decide where the Dow, the S and P five hundred, and the Nasdaq go, and how an index fund lets you buy the whole basket in a single trade.Read transcript
  10. XBonds: Lending to Governments and CompaniesThere is a market bigger than every stock market on earth combined, and almost nobody talks about it. This chapter opens the bond market: what a bond really is, why prices and yields ride a seesaw, what the ten-year Treasury means for your mortgage, and how credit risk separates a Treasury from junk.Read transcript
  11. XIThe Yield Curve and What It Tells YouThere is a single line on a chart that has predicted nearly every American recession for fifty years — and this week it is telling a brand-new story. Alex and Jordan unpack the yield curve: why it normally slopes upward, what an inversion really signals, and how to read the bond market's forecast right now.Read transcript
  12. XIICommodities: Gold, Silver, OilGold just crossed four thousand two hundred dollars an ounce, the highest price in human history, while oil sits above one hundred dollars a barrel on Strait of Hormuz risk. Alex and Jordan break down the three forces that move gold, the geopolitical fear premium inside every barrel of oil, and the contango trap that eats investors who buy commodities the easy way.Read transcript
  13. XIIICompounding and TimeOne investor saved for ten years and stopped; another saved for thirty years straight, and the quitter won. This chapter teaches compounding: the rule of seventy-two, why starting early beats being brilliant, and the difference between assets that compound and assets that merely appreciate.Read transcript
  14. XIVRisk, Volatility, and DrawdownsNewA fifty percent loss needs a one hundred percent gain just to break even, and that brutal arithmetic is why survival matters more than prediction. Chapter fourteen separates risk, volatility, and drawdowns, walks through real crashes from the financial crisis to Bitcoin, and shows how to size the bumpiness your horizon, cash cushion, and temperament can honestly carry.Read transcript

The Path

Five disciplines, one arc — from zero to mastery.

  1. IMacroeconomics
  2. IIMoney
  3. IIIInvesting
  4. IVTrading
  5. VBitcoin

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