AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min snip
#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money
Lex Fridman Podcast
How Fast Does the Economy Grow Year Over Year?
Inflation is a massive shift of wealth from the working class to the propertied class. The money supply is expanding at seven % a hundred years. No conventional economist would ever admit to an inflation rate of seven % a year in the us Dollar over the last century. If you look at the s and p index, which is a market basket of scarce, desirable stocks, it returned about ten per cent for 100 years.
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