3min chapter

The "What is Money?" Show cover image

Strategy, Capital, and Bitcoin with Mike Alfred (WiM113)

The "What is Money?" Show

CHAPTER

The Importance of Monetary Policy

i'm always astonished, when i just reflect on the nature of fiot currency, how effective the illusion has been. Just by printing, diminishing the unit of economic value money we you are able to twist people's perceptionso, my house is going up, my stocks are going up, so everything must be fine. But a, howlike, how can people reconcile tat in their minds? It's just dimy. People still think inflations good and normal. Si, i think, from a self serving standpoint, a lot of it is thata. The people, the most powerful people in the economy, the wealthiest people in the conomy, are actually benefiting. O,

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