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On Today's Episode:
No one wants to hear that the money they save today will be worthless tomorrow, and yet no one can deny that inflation is hitting everyone at the grocery store. What does this all mean and what can you do about it? You’re living through a recession that the government can’t seem to agree on or admit to whether you like it or not.
Robert Breedlove hosts the podcast, ‘What Is Money?’ has joined Tom a few times and broken down the complexities of money, inflation, and property rights. He’s a freedom maximalist, and bitcoin philosopher that offers food for thought that can melt your brain. His breakdown of inflation being a version of legal theft should grab your attention as it’s hard to ignore once you hear his explanation.
We’re digging into key ideas such as:
The money crisis
How bitcoin is impacting future creation of wealth
How you can better thrive during this financial crisis
It always comes down to decision and how you choose to move through reality as it is not how you wish it were.
QUOTES:
“Money is always scarce by definition.”
“The really successful entrepreneur is almost brilliantly lazy.”
“The innovation we’ve seen in the 21st century has been in spite of central banking not because of it.”
“When we print money you’re only violating individual private property rights.”
“The corruption of this technology that’s so fundamental to our human being, leads to the corruption of our character, and the corruption of who we are. It’s like a breakdown and corrosion of the moral composition of society through the debasement of currency and the violation of property.”
“Inaction is an impossibility. To choose to not act is an action.”
“The more productive we become as a global economy, the more purchasing power bitcoin can contain.”
“Money is an insurance policy on uncertainty
“Inflation is quite simply, legal counterfeiting, and counterfeiting is illegal inflation. They’re mechanically the same thing.”
“Setting a legal monopoly to steal from all of society is a really convenient wealth acquisition strategy.”
Follow Robert Breedlove:
KZfaq: / @robertbreedlove22
Twitter: / breedlove22
LinkedIn: / breedlove22
Podcast: whatismoneypodcast.com/
Instagram: / breedlove_22