2min chapter

The "What is Money?" Show cover image

The Problems with Price Inflation | The Twilight of Gold Series | Episode 11 (WiM182)

The "What is Money?" Show

CHAPTER

Is This a Fraud? Is It an Incremental Self Deception?

We left off talking about the 18 % inflation and pay pay rays for coal miners im in the first year of world war one. We keep nominally, we keep printing money to nominally pape over our problems, but it does not solve any real economic problems whatsoever. And that'swhatl we have today, that is where we are at to day. I don't think this was planned in 19 13, ligo, we're going to push them all the way into this dark corner in a hundred years, or a hundred plus years. It's just an a sequence of individual economic actors exploiting loopholes available to them. Right ofthat manifest is just printing money to cover up bad

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