BTC120: Preston's Top 5 Bitcoin Fundamental Moments, w/ Michael Saylor, Jeff Booth, Gigi, Alex Gladstein, Cory Klippsten, & Pablo Fernandez (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Inflation, Technology, and Value Creation
This chapter explores the intricate relationship between inflation and the preservation of shareholder value for businesses, emphasizing how varying inflation rates impact currency purchasing power. It highlights the transformative influence of technology companies in reducing product costs and delivering digital goods, contrasting this with traditional retail's high variable costs. The discussion critiques the Consumer Price Index as an inadequate measure of inflation, advocating for independent economic thinking that incorporates modern technological advancements.
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