2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E83: Market slide continues, and how to address Uvalde

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

What Makes You Wealthier Is the Production of Goods and Services

The last two administrations have printed money like drunken sailers, and it's a mess right now. An economy is basically a trading system for the production of goods and services. If you start printing lots of money, all your doing is debasing the accounting system. It doesn't make anyone richer. wealth ultimately comes from our capacity to produce goods and services that people want.

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