AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
MacroVoices #435 Daniel Lacalle: Navigating Monetary Debasement
Macro Voices
Debt-driven stimulus plans impact on the middle class
1min Snip
00:00
Summary
Transcript
Episode notes
Insufficient debt-driven stimulus plans lead to a rise in government intervention in the economy, causing citizens to witness a deterioration in their wealth compared to previous generations. The aftermath of crises used to result in faster recovery, higher wage growth, and improved living standards in the past, enabling previous generations to quickly ascend to a thriving middle class. However, excessive money printing currently harms the middle class by eroding wages and savings to expand government size.
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