#39: Economics, Inflation & Decentralisation ft. Richin Kabra

In this episode, I play the role of a 5 year old (which is my real mental age anyway) discovering economics for the first time. Along the way we discuss what is money, the psychological impact of money (and link to power), central banks, inflation and decentralisation!

Richin: https://www.instagram.com/suns_stars/

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Host & Producer: Shalaj Lawania

TIMESTAMPS:

0:00 Introduction

1:13 What Is Money?

7:35 Network Effect In Money

16:21 Can Money Buy Happiness?

22:32 Money & Power

26:10 Money & Purpose

28:19 What Is The Central Bank?

36:08 Advantages & Disadvantages Of Centralisation

44:09 What Is Inflation?

48:47: Inflation: Good Or Bad?

52:25 Modern Monetary Theory

57:19 What Is The Byzantine Generals Problem?

1:04:28 Advantages & Disadvantages Of Decentralisation

1:10:35 Lego Interpretation

1:12:01 Positive Influences (Books, Movies, Role Models)

1:14:37 Legacy & Mortality

1:16:51 Meaning Of Life

#economics #finance