AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
E25: Biden's vaccine mandate, "equity" in distribution, NFT speculation, impact of inflation & more
All-In with Chamath, Jason, Sacks & Friedberg
What's the Most Recent Period of the Least Wealth in Equality?
i saw some really interesting data, which basically i'll ask you guys the question. But if you measure wealth in equality, when do you think was the most recent period where there was the least wealth in equality? And as it turns out, inflation is a phenomenal way to decrease level the playing field. It increases people's richness, so it makes rich people poorer. So inflation is this very productive mechanism of actually redistributing wealth. How tum owner's benefit, clumb owner's benefit is, wellike, it shrinks, it shrinks the the wealth in a mild, mild inflation.
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