3min chapter

The "What is Money?" Show cover image

WiM009 - The Saylor Series | Episode 9 | Economics, Inflation, Interest Rates, and Natural Competition

The "What is Money?" Show

CHAPTER

The Real Inflation Rate Is Ten to 15 % a Year

I'm half convinced that 80 % of the people in government don't even realize that the inflation metric is a wrong metric and irrelevant. The bem we have is really just a warn currency, a warn time wehinder the money toxic. Any currency you're holding is is a draining energy from your life at ten % a year,. Almost like i put in a battery that drans two % a month, or one % a month. I i can't store energy. It's literally like i come into your office and i crank the temperature down 20 degrees, and i'm freezing yo to death because i'm pulling the energy off your skin.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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