2min chapter

The "What is Money?" Show cover image

Bitcoin as the Resistance to Hidden Repression with Alex Gladstein (WiM318)

The "What is Money?" Show

CHAPTER

The Effects of Inflation on the Working Class

Inflation is a tool actually for redistributing wealth. When you devalue the currency, you're transferring wealth from the working class to the world. And maybe it's not great either for the rich, but they're proportionally benefiting. It sounds like a leftist argument and maybe it is, but it's an observation of data.

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