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- Inflation Is Good for the Future, Not So Much for the Past
Inflation Is Good for the Future, Not So Much for the Past
Phillip Washington
April 21, 2023
Summary Notes:
Inflation can be beneficial for the economy and investments if managed properly, but it is important to be aware of the risks that come with it. It is a necessary step for evolution, sweeping away the old to make room for the new.
Those who are at the forefront of new ideas and technology experience deflation, while those stuck in outdated methods suffer the most. To avoid the negative effects of inflation, people may want to invest in things that are outrunning the future and not living in the past. Money printing is the likely preferred way out of debt which destroys old idea assets and businesses.
Timestamps
0:01:23 Exploring the Necessity of Inflation for Evolutionary Progress
0:03:49 The Impact of Inflation on Investment Strategies
0:10:19 Understanding the Impact of Money Printing on Savings and Investment Strategies
0:12:20 Financial Planning for the New World
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