AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
Bitcoin and the Sanctity of 21M | The Twilight of Gold Series | Episode 2 (WiM130)
The "What is Money?" Show
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
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode