#0020 - Playing The Game

Here at The Nyc & Griff Show we like to talk about money, economics, business, investments...Bitcoin. Hoping to answer some questions and learn along the way. Bitcoin - An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property...what isn't it? In this episode of The Nyc & Griff Show, we get into a few topics that aren’t Bitcoin, but Bitcoin related. Real estate, the credit economy, arbitrage, equity vs equality, and lendable capital. These things and more are discussed from the perspectives of a 24 and 25 year old in 2022! If you want to talk and share ideas hit us on Twitter! Twitter: @NycAndGriffShow Watch on YouTube at: The Nyc & Griff Show Timecodes 0:00 - Intro 0:18 - Haircut story 3:29 - Netflix 6:19 - The VIX 7:24 - The markets 9:58 - Real estate 13:15 - Mortgage rates 15:13 - Should the 1% buy everything? 18:40 - The credit economy 20:20 - The arbitrage method 22:41 - You reap what you sow 27:09 - Equity vs. equality 28:05 - Housing market and Socialism 34:36 - Bitcoin’s incentives 38:19 - Some people benefit more from the system 41:21 - The culture is important too 42:38 - Nyc’s baseline for an individual 43:22 - What’s your baseline? 44:48 - You’re rewarded if you meet a demand 46:45 - Shouldn’t be so hard to own a home 54:27 - The corruption that began in 1971 58:12 - How do you silently destroy the American economy? 1:05:55 - The dichotomy of American real estate 1:06:42 - Lendable capital 1:10:01 - How would the central government set prices and rates? 1:12:48 - Final thoughts Content from The Nyc & Griff Show is not to be used as financial advice. It’s purely for educational purposes and is only our opinion and perspective.