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4min chapter
US Dollar Endgame: Hyperinflation Is Coming with Peruvian Bull (WiM492)
The "What is Money?" Show
Financialization, Illusions of Store of Value, and Economy Transformation
The chapter explores the illusory nature of equities as a store of value amidst concerns about currency devaluation, discussing distortions caused by financialization and the prioritization of financial asset prices over real economic productivity. It delves into the shift towards non-productive financial activities by individuals in different industries, transforming the economy into a win-lose dynamic and causing wealth extraction from savers and future generations.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode