AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min snip
MI Rewind: What is Money? w/ Jim Crider
Millennial Investing - The Investor’s Podcast Network
Discussion on Financialization, Incentives, and Speculation in Asset Classes
Financialization and a monetary premium are being placed on various assets such as Bitcoin, stocks, real estate, and other asset classes to hedge against the falling value of the dollar. This trend encourages people to invest heavily in assets without necessarily considering their intrinsic value. The decline in the dollar's value incentivizes individuals to take on debt at lower interest rates to purchase appreciating assets like real estate, leading to inflated markets. This situation rewards speculation over prudence, creating poor incentives in the economy and contributing to inflated valuations across different asset classes, including real estate, the stock market, fine art, and wine.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode