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.

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