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186. Bitcoin: The Future of Money? | Bitcoiner Book Club
The Jordan B. Peterson Podcast
The Problem With Inflation as a Redistributive Method
I tend to be very skeptical of what what the state can do in that respect and I think that freely acting individuals would possibly be able to do a better job. The problem with using inflation as a redistributive method is that it actually unfairly works against the poor people in society. Those who are wealthy they don't store their money as dull as they store it in assets and those assets appreciate in value as a result of inflation. People who are living on fixed wages salaries you know living week to week with a bank balance there are most unfairly targeted by inflation so it actually has the effect of increasing inequality.
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