MI164: What is Money? w/ Jim Crider
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 3 May 2022
⏱️ 72 minutes
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| 0:00.0 | You're listening to TIP. |
| 0:03.0 | On one in extreme, you own lots of high-end real estate and art and stocks and stuff like that. |
| 0:11.0 | And the value of the dollar goes down because we could argue is the value of your goods going up or is the value of the dollar going down? |
| 0:18.4 | I would say it's a mix of those two. |
| 0:20.2 | Right now, I'd say it's disproportionately the value of the dollar is actually going down would say it's a mix of those two. Right now, I'd say |
| 0:21.3 | it's disproportionately the value of the dollar is actually going down, but it's a mix of those. |
| 0:28.6 | On today's episode, I'm joined by my good friend, Jim Kreider. Jim is the founder of intentional |
| 0:34.9 | living FP, which helps families achieve early financial |
| 0:37.8 | independence. Jim helps people navigate the decisions, opportunities, and obstacles that they |
| 0:42.9 | may face so their money is used efficiently and effectively to serve its purpose in your life. |
| 0:48.6 | During the episode, Jim and I cover what money really is, the attributes of good money, why |
| 0:53.7 | an unstable form of money causes |
| 0:55.6 | issues in an economy, why gold was chosen as money by the free market for centuries, |
| 1:01.0 | the history of money in the United States, why Bitcoin has value, Jim's thoughts on diversification, |
| 1:07.1 | and much more. We all use money and interact with it in our everyday lives, but how many times |
| 1:12.0 | have you asked yourself, what is money? Sometimes we go about our daily lives without realizing |
| 1:17.1 | that some of the things we use so often and take for granted end up being something different |
| 1:21.7 | than we might expect once you peel back the layers and look underneath the surface. This is one |
| 1:26.3 | of my favorite conversations today, |
| 1:27.8 | so if you enjoyed it, I ask that you share it with just one person so that they can better |
| 1:32.2 | understand what money really is. And if you haven't already, we would be very grateful if you've left |
| 1:37.4 | us a rating or review to let us know how we're doing with the show. With that, I hope you enjoy |
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