1min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP552: Mastering the Art of Investing: A Deep Dive w/ Sam Zell

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of Stopping Inflation

Until 1971, the world was protected from inflation by the fact that we didn't have fiat currencies. We had currencies that were patented to price of gold. And today, you know, there's nothing back in the US dollar. How does that work? I don't know how that worked. He would just hit create that much new supply and he had it work. It robs purchasing power of everybody can you know, you for until 1971,.

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