SLP296 Saifedean Ammous - The Biggest Fiat Malinvestment
Stephan Livera Podcast
00:00
What Is the Best Estimate of the Growth of the Money Supply?
The world bank's measure of money m two has been around 29 % for the past 55 years. This doesn't include euro economies, and the european economies have had a closer to seven % annual increase in the supply. Inflation is always much higher than thecp ey because the cpey includes a lot of industrial stuff that is a cheap to produce at scale.
Play episode from 43:32
Transcript
