Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, and founder of New Millennium Wealth. My goal is to help individuals get out of the rat race and become financially free, by showing you every step of my journey, and by sharing all of the knowledge I have accumulated about trading, investing, markets, and economics over the past 5 years.
Episodes
Sunday Feb 14, 2021
Sunday Feb 14, 2021
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Gain Access to the Liberty Informant!
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If you’ve ever gotten into a debate, or simply have discussed inflation on social media (which is a cesspool of toxic behavior these days) with your friends, then you’ve probably heard about the velocity of money, or how inflation is a general increase in prices.
You see in the 21st century, most people just automatically accept what they hear about inflation, and economics in general, as accurate and true, and rarely ever question the prevailing narrative.
But are these concepts correct? Is inflation a general increase in prices? Does the velocity of money really cause inflation?
In today’s episode, we do a deep dive into these concepts and dispel a ton of these myths that are out there muddying the waters.
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