2min chapter

The "What is Money?" Show cover image

WiM009 - The Saylor Series | Episode 9 | Economics, Inflation, Interest Rates, and Natural Competition

The "What is Money?" Show

CHAPTER

Inflation Is Defective

We kill george washington. We bled him to death. That's fundamentally the issue, the money is toxic. And we've left out everything that actually changes in price from our price indexit eliters like a jetti mine trak and it's like a triple mine trake. The market basket of things that you want does not include asset. No, i would never want to buy an asset. Only rich people buy asset. Poor people do not buy a how did poor people get rich? I didn't go from being poor to being wealthy by not buying assets or not trading assets. You create them or you buy them. So the entire field of inflation is defective

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