2min chapter

Magic Minds cover image

#99 — The Archbishop of Crypto — Balaji Srinivasan

Magic Minds

CHAPTER

How to Calculate Purchasing Power Overnight

The basket of goods varies a lot from person to person, and so a, you know what people will do sol very confidently, like, ha, ha. C p is flat, therefore inflation does not exist. So yhey'll say, ah, that's all in your head, just an illusion. Look at our maco stats and en like, you know, i actually don't think that's accurate for a few reasons. The first is quoting a single scaler for the inflation of an entire country. And it's more or less the soe basket of 70 years,. yea, i should say basket s press rather, they're monitoring a basket of goods. It's been

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