MI Rewind: What is Money? w/ Jim Crider
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 593 Ratings
🗓️ 21 June 2024
⏱️ 72 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're listening to TIP. |
| 0:02.2 | Hey guys, on today's show, we're resharing some of my favorite episodes from the past for a few reasons. First, we get a lot of new listeners each week, so new listeners may never have heard this episode before. Two, even if you've been listening for a while, you may have missed it when it first came out. And three, even if you've heard it before, it can be a great episode to reinforce your learning. |
| 0:21.6 | If you're not interested in this episode, no worries you can pick back up with us next week with a brand new episode. |
| 0:27.4 | Everything going forward is from the original episode, and I hope you guys enjoy this one. |
| 0:31.3 | On one in extreme, you own lots of high-end real estate and art and stocks and stuff like that. And the value of the dollar |
| 0:40.7 | goes down because we could argue is the value of your goods going up or is the value of the |
| 0:45.7 | dollar going down? I would say it's a mix of those two. Right now, I'd say it's disproportionately |
| 0:50.3 | the value of the dollar is actually going down, but it's a mix of those. |
| 1:02.7 | On today's episode, I'm joined by my good friend, Jim Kreider. Jim is the founder of intentional living FP, which helps families achieve early financial independence. Jim helps |
| 1:07.7 | people navigate the decisions, opportunities, and obstacles that they may face, so |
| 1:12.0 | their money is used efficiently and effectively to serve its purpose in your life. |
| 1:16.9 | During the episode, Jim and I cover what money really is, the attributes of good money, why |
| 1:22.0 | an unstable form of money causes issues in an economy, why gold was chosen as money by the free market for centuries? |
| 1:29.3 | The history of money in the United States. Why Bitcoin has value? Jim's thoughts on diversification |
| 1:35.2 | and much more. We all use money and interact with it in our everyday lives, but how many times |
| 1:40.4 | have you asked yourself, what is money? Sometimes we go about our daily lives without |
| 1:44.9 | realizing that some of the things we use so often and take for granted end up being something |
| 1:49.6 | different than we might expect once you peel back the layers and look underneath the surface. |
| 1:53.7 | This is one of my favorite conversations to date, so if you enjoyed it, I ask that you share |
| 1:58.2 | it with just one person so that they can better understand |
| 2:01.0 | what money really is. And if you haven't already, we would be very grateful if you've left |
| 2:05.8 | us a rating or review to let us know how we're doing with the show. With that, I hope you |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Investor's Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Investor's Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.