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Introduction and review of the three functions of money: medium of exchange, store of value, and unit of value
Explanation of hyperinflation and how it differs from regular inflation
Analysis of how hyperinflation affects the three functions of money
Discussion of Brazil's solution to hyperinflation by introducing a fake currency
Conclusion
Coming Up
Introduction: One Year Since the Banking Crisis
Banking Sector's Risks
The Role of Private Equity and Future Banking Consolidation
The Fed and Inflation
Hyperinflation and the Velocity of Money
The Looming Crisis & CBDCs
Fed Chair Powell's Stance on CBDCs
Rapid Expansion of CBDCs
The Role of Crises in Facilitating the Adoption of CBDCs
Gold & Silver
Bitcoin: A Trojan Horse for CBDCs?
The Future of Money and the Importance of Community