Bitcoin and the Sanctity of 21M | The Twilight of Gold Series | Episode 2 (WiM130)
The "What is Money?" Show
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Introduction
Inflation is a race between the expansion of goods and services in the economy, and the increase in the money supply. So long as the expansion of the money supply is close to, or a little below, even, can even run a little above, that expansion in goods and services, it's almost imperceptible, right? That the effectively, central bank, or the government more generally, is harvesting this economic surplus that's being created by just creating, diluting the interest of others through expanding themoney supply. And i'm always astounded at how effective this illusion has been. We're recording this in december, mid december, 20 21. The next time you need
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