4min chapter

The "What is Money?" Show cover image

The Ultimate Macro Framework with Raoul Pal (WiM078)

The "What is Money?" Show

CHAPTER

Fei Currency Debasement

The root of fei currency rit is that it incentivis and incentivizes indebtedness. Clearly, you want to borrow a money that's depreciating and put it in something that's appreciating and make up the difference. What i had not seen before that i think it's interesting, is it you've tied in the electoral incentives related to politicians, to this as well,. They now are creating policies to get people into homes, to get them to vote conservative. I mean, i assume a lot of this unintended consequence, but it seems like government would not mind citizens being more in either because, in this would justify further future currency debasement or other palsino.

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