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Listen "#39: Economics, Inflation & Decentralisation ft. Richin Kabra"
Episode Synopsis
In this episode, I play the role of a 5 year old (which is my real mental age anyway) discovering economics for the first time. Along the way we discuss what is money, the psychological impact of money (and link to power), central banks, inflation and decentralisation!Richin: https://www.instagram.com/suns_stars/SUPPORT:Patreon: https://www.patreon.com/knowtimeCONNECT:Youtube: https://www.youtube.com/channel/UCJ-937lA3_s2g5AxdpKQjVgInstagram: https://www.instagram.com/knowtimetofly/Instagram (Personal): https://www.instagram.com/shalajlawania/Twitter: https://twitter.com/knowtimetoflyTwitter (Personal): https://twitter.com/shalajlawaniaFacebook: https://www.facebook.com/knowtimetoflyReddit: https://www.reddit.com/r/knowtimetofly/Blog: www.sadisticshalpy.comHost & Producer: Shalaj LawaniaTIMESTAMPS:0:00 Introduction1:13 What Is Money?7:35 Network Effect In Money16:21 Can Money Buy Happiness?22:32 Money & Power26:10 Money & Purpose28:19 What Is The Central Bank?36:08 Advantages & Disadvantages Of Centralisation44:09 What Is Inflation?48:47: Inflation: Good Or Bad?52:25 Modern Monetary Theory57:19 What Is The Byzantine Generals Problem?1:04:28 Advantages & Disadvantages Of Decentralisation1:10:35 Lego Interpretation1:12:01 Positive Influences (Books, Movies, Role Models)1:14:37 Legacy & Mortality1:16:51 Meaning Of Life#economics
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