Ep106: Poker Scams, Bankers & Hyperinflation

In this episode of The Dollar Is Dead podcast, hosts Jimmy Gorham and Jesse Posner dive into the surprising connections between poker scams and economic history.Jimmy shares stories from his days as a poker player, revealing the antics of "poker's dumbest criminal" and the parallels he sees between overselling a poker tournament and the behavior of bankers during the 2008 financial crisis.The hosts then dive into inflation — defining it from both conventional and unconventional perspectives — and examine how it impacts different segments of society. They explore historical examples of hyperinflation, including the French Revolution, Weimar Germany, and the Israeli bank crisis of the 1980s, uncovering the political incentives and psychological spirals that drive economic collapse.The episode wraps with a broader conversation about monetary policy, innovation, and what alternatives might exist in a post-inflation world.00:00 - Intro00:32 - Poker scams09:02 - What is inflation?28:41 - Inflation during the French Revolution39:29 - Hyperinflation in Weimar Germany51:38 - Israeli bank crisis of the 1980s🎧 Also available on YouTube#thedollarisdead #PokerScams #Inflation #EconomicHistory #FinancialCrisis #Crypto #WeimarGermany #FrenchRevolution #CentralBanking #MonetaryPolicy