The Most Important Question in the World Today | Episode 3 | (WiM327)
The "What is Money?" Show
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The Five Elements of Money
People always prefer the money most resistant to inflation. That's a nice definition of scarcity in the context of money, if you were to measure it,. So how hard is it to artificial increases supply? That's right. And that's why gold is hard money. Because the alchemy is hard. No one cracked the alchemy. So gold became money.
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