3min chapter

Coin Stories with Natalie Brunell cover image

Rudy Havenstein: When the Money Changed, the System Broke How Central Bankers Created the Mega-Wealthy 1%

Coin Stories with Natalie Brunell

CHAPTER

The Importance of Financial Literacy

Before I learned about Bitcoin, the word inflation really didn't come across my radar as anything that I should be paying attention to. Inflation is literally defined as the expansion of the money supply. And we can look at the Fed's balance sheet, which obviously most people don't. The economics profession is largely abysmal. They are lost in their math models. There's no group less self-aware than an academic economist.

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