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The Issue With the Legacy Financial System & How BITCOIN Fixes All of It | Saifedean Ammous (Replay)

Tom Bilyeu's Impact Theory

NOTE

The Impact of the Fiat Standard on House Prices and Purchasing Power

The fiat standard, with its inflationary nature, causes the value of houses and goods to increase over time, making them less affordable. By adopting a fixed supply system where prices decline over time, houses and goods become more affordable, and savings can accumulate purchasing power. Inflationary fiat systems lead to decreased purchasing power over generations, while a deflationary system encourages saving and increases future affordability. The value of money lies in its purchasing power, not the number of zeros attached to it. Therefore, understanding the impact on purchasing power is crucial in assessing the value of currency and assets in different economic systems.

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