
MI Rewind: Why Deflation is Key to an Abundant Future w/ Jeff Booth
The Intrinsic Value Podcast - The Investor’s Podcast Network
00:00
The Second Order Effects of Inflation
Inflation is theft, really, that somebody can print money and destroy your money over time. Most people believe because we measure the system from the system, most people believe in that you require inflation for a productive economy. But when you have theft built into a monetary layer that has to expand to offset the natural force of technology, you can see all of the second order effects playing out naturally.
Transcript
Play full episode