4min chapter

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#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money

Lex Fridman Podcast

CHAPTER

What Is an Asset Market Hyperinflation?

Inflation is simply the rate at which a synthetic basket of products and services the government wishes to track go up. A house, share of Apple stock, a bond, a Bitcoin is an asset, or a Picasso painting. What's an asset hyperinflation? You mentioned bond markets, swap rate, and asset is where the all majority of the hyperinflation happen.

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