The "What is Money?" Show cover image

WiM026 - Money Hierarchies with Nik Bhatia

The "What is Money?" Show

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Inflation Is One of the Most Successful Euphemisms of All Time

i think inflation may be one of the most successful euphemisms of all time, yes? You could say in everyone's inflation rate is different exactly based on it's as subjective as value. And to your further on the price level, it's purely subjective. It's more like a coefficient, like, what are you trying to buy? What are you aiming at? Right?

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