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180. Applied Anarcho-Capitalism with Doug Casey

The Bitcoin Standard Podcast

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The Importance of Inflation

Every 7 or 8 years you get a year with negative inflation, because there was a big crisis and there was big liquidation. And so that's pretty significant. You know, you're not adding up 10% every year that comes a year where you get a negative 15% or something like that. So maybe this just isn't going to be a crisis. Maybe there is going to be one. I mean, when a crisis happens, people run to the dollar. The dollar gets stronger and stronger. That just allows the US government that reserve to pick the survivors from any particular crisis. They come out of every crisis stronger. Of course they picked people that they'd like and they don

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