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Synopsis of The Saylor Series with Michael Saylor (WiM221)
The "What is Money?" Show
Is the Money Supply Going to Inflate by 20% a Year?
We had a faux gold reserve standard, but I don't think we observed it. We were definitely growing the money supply faster than 2%. And then you get to, you know, next that abandoned in the gold standard and it just trucked on at 7% or more. But now 2022, right, we're just going through this massive, massive transition where I think politicians realize that inflating the money supply by 20% a year was not sustainable.
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