PodParley PodParley
PodParley PodParley
Log in

Inflation and Fiat Currency vs. Cryptocurrency

Episode 74 of the Not Me, But You! podcast, hosted by Art Kester, titled "Inflation and Fiat Currency vs. Cryptocurrency" was published on July 11, 2021 and runs 31 minutes.

July 11, 2021 ·31m · Not Me, But You!

0:00 / 0:00

Summary

Send us Fan Mail Welcome to episode #74 of "Not Me, But You!" Yes there ARE TWO episodes that are numbered 73! But that is because the system would NOT allow me to label one 73-A and the other 73-B! Sorry for the confusion.. It's great to be back creating/podcasting/uploading episodes again. So in a thumbnail sketch summary, inflation is caused, in part, by governments printing MORE fiat currency. IF, the US Gov't prints MORE dollars, then the dollars you already have, ARE WORTH LESS! ...

Episode Description

Send us Fan Mail

Welcome to episode #74 of "Not Me, But You!" Yes there ARE TWO episodes that are numbered 73! But that is because the system would NOT allow me to label one 73-A and the other 73-B! Sorry for the confusion.. It's great to be back creating/podcasting/uploading episodes again. 

So in a thumbnail sketch summary, inflation is caused, in part, by governments printing MORE fiat currency. IF, the US Gov't prints MORE dollars, then the dollars you already have, ARE WORTH LESS! What happens to PRICES when dollars are worth less? Prices INCREASE, prices RISE! Why?...Because is takes MORE dollars to buy the same things/services that you brought BEFORE the Gov't printed MORE dollars! 

In my country, the inflation RATE is bogus! Why? Because when the inflation rate is calculated (inflation said to increase about 3% to 4% per year) the cost of FOOD/ENERGY is TAKEN OUT of the calculation! Do you know anyone who can survive WITHOUT food or energy(electricity, gasoline, natural gas etc.)? 

To get an accurate idea of INFLATION, simply go to the store where you buy groceries and look at the cost of things like milk, eggs, meat, cheese, etc. Have those prices only gone up by 3% to 4% in the past year or 2 years or 5 years?? Haven't you heard an older relative speak about how a GALLON of gasoline used to cost 30 CENTS?!! Why is that? Because of INFLATION! 

Inflation is like a HIDDEN tax on your money. It is EATING away at the BUYING POWER of your money. What is the solution? You have to make MORE money each year in order to KEEP PACE with the ACTUAL inflation rate!  YouTube link to Michael Saylor video mentioned in this episode  https://www.youtube.com/watch?v=Vuz44fwkEz0&t=2128s

WAYPA Today stands for: "What Are You Passionate About Today?" 
Have courage today, to pick one thing, and work on your dreams! 

Email: [email protected] 
Website: www.waypatoday.com 
Facebook Page: Waypa Today
Twitter: Waypa Today 

I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions. 

Share this episode

Similar Episodes

666. Why You’re Worth More Than a Self-Diagnosis

Apr 10, 2026 ·9m

665. The Secret to Being Authentic Is Undoing Everything

Apr 9, 2026 ·32m

664. Comparison Is the Thief of Authenticity

Apr 7, 2026 ·39m

663. More Amazing People Being It Till They See It

Apr 3, 2026 ·9m

662. Here’s How to Get Out of Your Health Debt

Apr 2, 2026 ·28m

661. Perimenopause Is the Gift We Didn’t Know We Needed

Mar 31, 2026 ·42m

Similar Podcasts

Be It Till You See It Lesley Logan You have a lot of have-to-do’s and even more want-to-do’s. You know you are on this planet to accomplish something, but you’re just so busy!Amidst all the crazy, you need support making YOU a priority.Welcome to the ‘Be It Till You See It’ Podcast with me, your host, Lesley Logan!Each week I host inspiring guests from all walks of life, digging into how they prioritized themselves to get to where they are today. We’ll focus on the specific mindset and actions they took to make it happen.After the interview, my husband Brad and I will jump on for a quick takeaway, sharing how you can prioritize yourself so you can BE IT.My goal isn’t to just inspire you. Nope, it’s not enough to hear a story of how someone made it. In each interview you’ll hear actionable tips from guests… bold, executable, intrinsic and targeted advice to help you BE IT TILL YOU SEE IT.With all that and the permission to put yourself first, I know you can be who you were meant to be in this life!Are you ready to Creativity Sense Guilherme Avelar Hey Welcome to Creativity Sense,My name is Guilherme Avelar but you can call me Gui and nope it is not the same as Graphical user Interface. In this podcast we will be talking about the creative process with a twist. We will be interviewing creative minds and taking a look how psychological principles can have an impact on our daily quest to create Things, from Brand Identity to applications and even photography. So come join me in this exploration. It's Complicated The Rising Moon Have you ever wondered ,that you want to share something with someone about your deepest and dark secrets with someone but you can't because you are afraid to lose them.... Well I m not some great podcast anchor but maybe I can help cause I know how it feels to be silent.... I know how it feels to be alone in this whole and your life's a mess. I'll listen to you,so will you also listen to me? The mate show Sidra who made it so hard to find the right one? I'm living in a world where I don't even know if real love is possible anymore. But you know what? I'm not letting it go. I am gonna find my answer through psychology research, theories and speculations because it's what I do best. Join me on this remarkable journey!
URL copied to clipboard!