Understanding Inflation and Economic Growth

What happened is the value for money falls four or five percent a year, that's inflation,

falls four or five percent a year and the economic growth has been about two percent a year.

So it's about seven percent a year growth and that means everything doubles in 10 years,

the value of your money falls in half every 15 years.

So you've got to make twice what you're making today in 15 years to stay even.

And so stock market,

you know, so Bitcoin's been amazing obviously.

End of transcript · 88 words

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