Josh Farley: "Money, Money, Money"
The Great Simplification with Nate Hagens
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The Future of Finance?
If you look at the average length of a fiat currency, it's round 30 or forty years. So what would be something that would be longer last? How could we tether our monetary claims and keep track of things? I think inflation is kind of necessary if you had enough inflation to create a de jubilee tho deal with people. When i was in brazil during the hyper inflation, people lost trust in the currency,. so they introduced a newtr currency at two currencies at the same time - one with hyper inflation, one with on. That actually worked quite well, and it remains. The real remains the most stable currency, or the strongest currency in latin america.
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