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Patron Saint of Bitcoin: Michael Saylor | PBD Podcast | EP 128 |
PBD Podcast
What Is the Inflation Rate?
We're living in inflation since we went off the goald standard. It's just manifesting itself in the assets, more so than in the goods and services. We have hyper inflation right now. If you want o if you wanted to stay wealthy, or you wanted to get wealthy, or hold shareholder value, inflation rate looks more like 30, 40% for 18 months. And by definition, by definition, if i never include assets in the market basket of desirable goods, then you will always ignore asset inflation - which is the most pernicious inflation. Now, if you go to diversification, it's another bromide, another silliness. You should be diversified.
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