NZ Everyday Investor cover image

The Key to Abundance, Ep 360 Jeff Booth

NZ Everyday Investor

00:00

The Cost of Inflation

In economics, the price is full to the marginal cost of production. And so why you see a lot of technology going to zero is because the marginalcost of production of that line of code, it becomes zero over time. So again, there is nothing that can stop the prices falling to themarginal cost of production over a long period of time. Governments are trying to stop that by manipulating money and then houses become a store of value against the manipulated money. It's exactly the same concept. The divide of society is actually a result of what we're talking about as well. That's why in the book, I wrote a chapter about us versus them and what would happen as this went

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app