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MI164: What is Money? w/ Jim Crider

MI164: What is Money? w/ Jim Crider

Episode 273 Published 3 years, 11 months ago
Description

IN THIS EPISODE, YOU’LL LEARN:  

  • 05:26 - What money really is.
  • 10:06 - The pros and cons of fiat currency and gold as money.
  • 13:50 - Why can money that fluctuates in value make planning for the future difficult?
  • 20:58 - What are the attributes of a good money?
  • 28:45 - Why gold has historically been a good money. 
  • 31:59 - The history of money in the United States.
  • 44:15 - Why Bitcoin has value.
  • 52:40 - Jim’s thoughts on diversification.
  • And much, much more!


*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.


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Connect with Jim: Website | Twitter 

Connect with Clay: Twitter 


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