5min chapter

The "What is Money?" Show cover image

Strategy, Capital, and Bitcoin with Mike Alfred (WiM113)

The "What is Money?" Show

CHAPTER

What Is the Cost of Capital?

The cost oc capital is exactly equal to the rate of return of any antrigenal activity, until the economy is essentially in a permanent state of rest. The more i want it now versus later, the higher price i will charge you - this is also reflected in the price of money. When you artificially manipulate that, right? You completely change the incentives. And and so it's very related to thi concept of money too. Because the austrians believe money must o ate more organically as a useful commodity,. And they don't believe that money is completely neutral, right? So if you create money, right, as as a fiat entity, as a government, you are

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