These Monetary TRENDS Aren’t Going Anywhere! Here’s What You Need to Know | Nic Carter
Having a complete understanding of the financial system we’ve become accustomed to since birth is not only advantageous, but it’s an absolute must. The gap between really understanding the impact and full gravity of inflation and living by a feeling or a suspicion is too wide to ignore. Nic Carter is an entrepreneur, investor, columnist and advisor in the Bitcoin crypto space. He’s joining Tom today to break down some principle ideas and thoughts to help you at least research what you should be doing with your money, your government issued and government backed money. What’s happening with crypto and NFTs isn’t something you can ignore or sleep through. Bitcoin has been going strong for more than a decade. You have a moral obligation to yourself and to your family to at least understand how inflation works, why increasing assets is like theft of your dollar’s value and how you can protect yourself and be part of the wealth redistribution in a way that benefits you more than harms you. SHOW NOTES: 0:00 | Introduction to Nic Carter 1:31 | Does Bitcoin Matter? 4:21 | What is Money? 8:52 | Creating Devalued Money 14:43 | Redistribution & Inflation of Assets 22:24 | Reacting to Inflation 27:54 | Japan’s Stagflation 36:57 | Energy, Euphoria & Bitcoin 40:47 | Fiat Money Explained 45:10 | Do Research Money 49:16 | Bitcoin Value Vs Fiat Value 54:13 | Bitcoin, Digital Gold 57:52 | Value System by Design Follow Nic Carter: Website: https://niccarter.info/ Twitter: https://twitter.com/nic__carter Check out our sponsors: Athletic Greens: Go to athleticgreens.com/impact and receive a FREE 1 year supply of Vitamin D AND 5 free travel packs with your first purchase! ButcherBox: Sign up at ButcherBox.com/impact and get 2 lbs of ground beef FREE in every order for the life of your membership. Public Rec: Go to PublicRec.com and use promo code IMPACT to receive 10% off. Audible: Start listening with a 30-day free trial, one free audiobook and access to the Plus Catalog. Visit audible.com/IMPACTTHEORY or text IMPACTTHEORY to 500-500 CuriosityStream: Go to https://curiositystream.com/impact and use code IMPACT to save 25% off today, that’s only $14.99 a year. Are You Ready for EXTRA Impact? If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness. This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. Subscription Benefits: Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more New episodes delivered ad-free Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more: Legendary Mindset: Mindset & Self-Improvement Money Mindset: Business & Finance Relationship Theory: Relationships Health Theory: Mental & Physical Health Power Ups: Weekly Doses of Short Motivational Quotes Subscribe on Apple Podcasts: https://apple.co/3PCvJaz Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
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