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13,002 views
•Jun 10, 2021
On today's episode of Speaking of Bitcoin, join hosts Andreas M. Antonopoulos, Adam B. Levine, Jonathan Mohan and Stephanie Murphy as they dive into the growing topic of inflation. Our modern world is increasingly divided; The currently dominant narrative asserts that Modern Monetary Theory (MMT, or "Financial Scatology" as Jonathan likes to call it) is a free ticket to a better tomorrow... On the other hand, there are those who believe that money is just one of many measurements of reality. And increasingly those metrics have been corrupted to keep the party going and avoid at all costs blame falling on those responsible. In this episode, the hosts dig in deep for a sobering yet real conversation about what's going on and where all of this is headed.
Comments...
Hello, I am writing to you from Argentina, I am 30 years old and since I was born we have been with hyperinflation. Here the salary each year is worth 30 or 40% less and when the salaries rise it is still not reaching, because in relation to inflation it is still a negative percentage. At first you stop doing certain things like going out to dinner, or going to the movies, then you start to see better the prices of the clothes to buy. Until you get to the point where you just want to be able to pay for your services and buy food for your family and without realizing it, you went from being a worker to being a survivor.
Bro-science of MMT, "If you never sober up, you'll never have a hangover" Best description Ever!
The commentary about sophism starting around 7:45 is absolutely spot on. Very insightful. Great content all!
Great video! I haven't gotten my head around it yet but I believe with the right experience I would become proficient in time.
