The Pomp Podcast cover image

#969 David Sacks The Return Of Capitalism & Critical Thinking

The Pomp Podcast

00:00

How Did They Calculate the Inflation?

bicoin offers a different kind of currency, where it's not backed by government. And so you don't have to trust the government that there'll only be 21 million bic coins in existence. We're at what like a hundred and 30 % of g d p now we own, we owe. The temptation will eventually be to monotize debt, to debase the currency to pay for this debt,. That's always been a risk throughout history.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app