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The Rooftop Pod
Our FYPs, camping, and expiring currency
Dec 20, 2023
The podcast covers topics such as camping experiences, aspirations of becoming outdoorsmen, TikTok FYPs, and the concept of expiring currency.
57:06
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Quick takeaways
- An expiring currency could potentially address issues like wealth accumulation and the housing crisis by forcing people to use their money within a certain timeframe.
- Implementing an expiring currency system would require careful consideration of the impact it would have on businesses, investments, and the overall productivity of society.
Deep dives
The concept of expiring currency and its potential effects on society
A couple of months ago, a friend proposed the idea of an expiring currency, where money must be used within a certain timeframe or it becomes expired and unusable. This could potentially solve issues like wealth accumulation and the housing crisis, where people hoard money and assets. However, there are many challenges and edge cases to consider, such as the impact on businesses, investments, and the overall productivity of society. Further exploration and discussion are needed to fully understand the potential benefits and drawbacks of such a system.
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