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Accounting for Inflation Is a New Idea
Preston: The whole idea of accounting for inflation is a new idea. If you change the inherent supply of money, you corrupt that metric," he says. "You basically cause this communication breakdown in every layer of society"
Preston Pysh talks with Luke Broyles about Bitcoin's impact from a monetary historical perspective. Luke has been creating a lot of great content around why Bitcoin is so important, how we're at the start of the information era, and why scarce digital monetary units are so vital at such a point in time.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
05:32 - An overview of monetary history.
12:54 - Hyperinflation examples and boom bust empires.
11:17 - Why we might be at the end of an era.
47:32 - The global game theory.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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