AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
205 | John Quiggin on Interest Rates and the Information Economy
Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
Cryptocurrency
I'm not an expert either. In crepto currency. And i know that opinions get very heated. But clearly, something that is wildly impossible to predict its value isn't very good as a currency. So my very simplictic understanding is it just became valuable because people thought it was valuable. If there's no there there, this is warren buffet'scriticism,. like, if suddenly people change their mind, all that wealth has disappeared. That's not what we should be about. And is a false argument. Ea, about gold, and what about paper currency? And so here, gold's easy. The answer is that gold isn't in much use the currency.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode