that's Mexico, that's most places, and that's the status quo. The average fiat currency , you know, collapses in about 29 years, I think.And then the best is if you happen to be a citizen of the greatest nation in the world and you win all the wars, you're
Yeah, John Bogle's real contribution and the success of the S&P 500 is this idea that currency is not a store of value.Real estate is illiquid and scary and difficult and inefficient and high
Is it working? My sense is, not quite yet. Currency is a copy of art.
one about Julian Assange, as you heard, one about Craig Wright, also known as Satoshi Nakamoto, who is the founder of the cyber currency Bitcoin. And one about the possibilities of inventing a self over the internet.And Andrew will talk a little bit about that.
not because most of it is $100 bills going to other countries that's the Miami Connection uh about 60% of US currency is outside the US borders we estimate we don't follow currency but there's you know kind of economists figure out ways to figure out some ofthese things um and so we think about 60% maybe two-thirds of it's abroad all of that is in hundreds or a lot of
zero the holding cost of cashes the opportunity cost is is the interest rate you're giving out by holding the currency so for most people holding more currency doesn't really cost them much versus holding money in a bank accountthe second is people were terrified that the financial system might collapse if you were in Greece you were worried that your Banks were going to fold or those
think about going to Gold because maybe that's going to uh gain in value and uh under under stress the thing about currency is it's very it's relatively light you can move it around uh and uhthe other thing which was interesting was the global financial crisis which by the way if you go to the rest of the
These pants actually don't have it, I think. currency here that--
Every form of information technology has had an average growth rate of 18% per year for the last 50 years in currency , despite the fact that you can get twice as much of it each year for the same price.And the reason for that is, as we reach certain points of price/performance, whole new applications explode.
what's new what haven't I tried what's what's just being brewed in your Pub right now so then these people drove from Brazil and I don't know what the currency is there but they put put out their money on the table let's say about six bucks and we give them a beerthey're going to tell us if it sucked it's not like we're paying them to to to give us an opinion that process of
It was 46/44 in favor of Bush. Currency by definition is representation of something else.
As is social media. The currency of social media is engagement. It doesn't matter if it's positive or negative, just that somebody's got your attention.
As we see after "Crazy Rich Asians," and a bunch of us saw "Always Be My Maybe" last night. Our currency is the actual food itself.
Based off of exploring that story, do you feel like tech platforms have a responsibility to curb or curtail that sort of content? highest currency denomination notes from the market, which was 86% of all cash, and replaced it with two other
Well, it's already happened in the sense that in China, the square and the tower are one. This currency is good to here.
as a kid. And as a kid, I used to make stuff all the time. My currency , as a kid, were egg carton boxes and toilet roll tubes. And basically, every time my mom would come home from doing the groceries, I'd immediately be decanting cornflakes into Tupperware boxes so that I could have that box and make
Within 13 years, it had hyperinflated so much that they actually had to completely abandoned continental currency and issued an edict that you can only have currency that was backed by gold or silver, because why would anyone trust the US government? And so it's interesting in that, so let's move-- it's a good segue into basically gold, and why gold has held its value as a counterpoint
I mean, it's ludicrous. The currency is just a thing. Well, but it's indicative of the fear.
today the amount of dollar current uh dollars in circulation continues to grow about 6% a year and let me tell you the transactional currency that's not growing very much at all those are like up to 20s those people they're using we're using less cash than we used to there's there's no question about that this is all in the the store of value so you took econ 101 you know there's two
So it had gone up like 130-140 times. And currency had moved again, we would have still even with the currency moment it was more than 100x. And so I decided to stop drinking the Kool Aid and do analysis of the financials at that time,
the currency with the Otpor!
the currency that life trades on.
The currency has fallen by at least 30%.
Their currency has gone down very appreciably, so sanctions are beginning to really squeeze.
the currency because governments are bad in this version.
Our currency was falling like a stone. Our reserves were falling like a stone.
The currency can change." This is the key, right?
- Democrats still think the currency of politics is money, and the currency of politics is attention.
increase in price. So, when land goes from $10,000 to $10 million, that means that the currency , the dollar, the money lost about 7% of its economic value every year for 100 years running.
It was just the currency of the house.
We use a currency of paying attention in this country, in the English language.
Money is a currency to make a difference.
paise in Indian currency .
It's called "gender currency ." Over time, I tried to think of the different ways to conceptualize-- what is it we're doing when we're reading people?
It has high currency .
You stake your currency and you're at risk of losing it, which, in theory, is the same thing.
And there's also currency risk because you're using US dollars to invest in companies that operate
instances as currency . It's just that a group of people decide that something can be traded for material goods, and so
a sort of currency , but not having anything real behind it to back it, Ben Bernanke actually went on the defensive--
--having their currency in this basket serves.
You mentioned the universal currency , or M0, M1.
Well, it's already happened in the sense that in China, the square and the tower are one. And blockchain is attacking currency on a transnational basis, so that these things are presented in a way that seem like a threat
Subscribers are the common currency .
It's also the currency in which 40% of loans are made as well, so it's punching way above its weight.
We have currency and gold.
imply that a digital currency somewhere has to spike in value as a result of distributed ledger technology.
That's physical currency there, and then you have narrow money, broad money.
We've got currency in a certain locale.
In fact, it's held its value pretty well over that entire 5,000 years. And no fiat currency has ever come close to that. So let's explore why that's the case, because it's a good analog to what Bitcoin has as value-- as its value proposition, because Bitcoin was actually
So it's very difficult for any one person to get 51% of the power once Bitcoin gets so large. Compare that to continental currency -- the US currency .