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Surprised That Market Is Surprised (guest: Vincent Deluard)

The Market Huddle

CHAPTER

Inflation, Tangible Assets Benefit

Inflation reflects an increase in our collective preference for the present. In general, tangible business have a much higher debt load and that's because they can borrow against colatero. Intangible asset ar non exclusionry. Tangible asset are exclusionary. So anage of scarcity, tangible assets benefit.

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