6min chapter

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#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money

Lex Fridman Podcast

CHAPTER

Inflationary Is the Primary Problem

Inflationary is the big characteristic of human nature that governments will try to intentionally or not hide the costs of those allocations. Most government policy will be atrogenic. It will create more harm than good in the pursuit of it, but it is what it is. The most pernicious thing is I get you to misunderstand phenomena so that when it's happening to you, you don't appreciate that it's a bad thing and you think it's a good thing.

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