Fiat ruins everything. It's harder to save than ever before. Real estate affordability is running away from the Common Man. People are completely detached from reality. A culture of instant gratification buries people in debt and mindlessness. @jimmysong joins the show to explain. https://tftc.io/tftc-podcast/444-fiat-ruins-everything-with-jimmy-song/
💯 Wish I had a higher time preference on lowering my time preference before I even knew what that meant. Bitcoin fixed this and balance sheet is trending in the right direction but it's still hard feeling the regret and paying the bills the "old me" accumulated 🫤🙃
I figure when interest rates get up to 20%, home prices will collapse, along with civilization. Not really financial advice.
When Marty's Bent being published in physical book form? Archived in hardcopy.