2min chapter

The "What is Money?" Show cover image

The Most Important Question in the World Today | Episode 1 | (WiM297)

The "What is Money?" Show

CHAPTER

The Importance of Wealth

I think it's so important, and I try to go over it constantly in my videos, that dollars in and of themselves are not wealth. They have nothing to do with wealth. What wealth is at the end of the day is the ability to produce goods and services period, period. So hopefully we're a society of individuals that are producing more than we consume. And that's how you get wealthy. The money, whether it's Bitcoin, gold or silver is just a way to store your excess productivity. Right.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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