How to Think About Bitcoin, AI, and Our Economic Future with Eric Weiss (WiM518)
The "What is Money?" Show
Navigating Financial Metrics and Inflation
This chapter explores the intricacies of financial metrics, focusing on the Dow Jones and Consumer Price Index (CPI) while questioning their reliability in depicting true market conditions. It critiques traditional measures of inflation and discusses Bitcoin as a potential hedge, emphasizing the implications of money supply inflation. The chapter also addresses the role of energy prices and the pitfalls of government interventions in the economy, highlighting the importance of competition and innovation for sustainable growth.
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