Currency and Value
The discussion delves into the historical context of currency, revealing that money was once backed by gold and silver, serving as an IOU for tangible assets. The shift away from the gold standard has led to a disconnect between currency and real value, resulting in fluctuating prices rather than consistent value appreciation. Understanding this foundation is crucial for grasping the current economic landscape.In this clip
From this podcast
The Joe Rogan Experience
Joe Rogan Experience #445 - Peter Schiff
Related Questions