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Breakdown of the Gold Standard | The Twilight of Gold Series | Episode 10 (WiM178)

The "What is Money?" Show

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Is There a Reaction to Inflation?

When you can't store the fruits of your labor reliably, ossond, move them across time and space, then what the hell can you do? You can't do anything. Ah, there's no savings mechanism. There's no way to build towards something, to build towards some valued future you may have for yourself. So i that am ye, maybe were, you know, people then were experiencing this psychosis of not having a grip on economic reality, because they actually didn't, right?

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