AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
Principles of Liquidity | The Twilight of Gold Series | Episode 8 (WiM166)
The "What is Money?" Show
A Home Is a Durable Consumer Good
B t c: We want to extend the length of production, not the debts. The former increases productivity and real incomes; the latter creates debt slaves. A mild deplationary system where bit coin supply goe up a quarter of a % to a % per year is perfectly capable of supporting a credit at market. Credit issuance would be subjective to a growth and productivity friendly hurtle rate. This would engender productive use of credit while suppressing wasteful reinvestment in productivity, suppressing zombes. And it's much more like the gold standard than i ever thought it would be. Peonage for the masses. Pain now or pain later.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode