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#689 Bitcoin Mining Deep Dive w/ Nic Carter

The Pomp Podcast

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Is There a Connection Between Inflation and Time Preference?

As inflation cranks up, you lose the ability to plan for the future. You can't get a mortgage right in venezuela because the thing would be denominated and a ball of ours. It's completely impossible to know wt woud be worth 30 years from now. So that's why big horners talk about time preference. There's a very real connection to inflation and time preference.

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