
133 - A Brief History of Inflation In The Roman Empire
No Dumb Questions
00:00
Introduction
In a previous episode, you gave me silver coins and talked to me about how it has two different types of value. How do you take human energy and effort that you've expended, or someone else expended, and then you traded for their energy and effort? Cause i it's like collecting solar ii. I got to have a battery solution in case i need electricity when the sun's not out,. Well, likewise, you don't know when you're going to need money. And so yes, storage of wealth is one reason. Another reason is hedging your bets against the ebbs and flows of any given paper currency. One way to do it is with metals that everybody agrees are valuable
Transcript
Play full episode