Module 05

Real Inflation

Why your savings account loses purchasing power even when the number stays the same.

Keyboard: space = play/pause · ← → = back/forward 5 s · F = fullscreen · M = mute

Mark Perry's "Chart of the Century", the scale metaphor (real goods against money supply), and the concept of real interest rates. Cash is not a neutral position. It is an active bet on the fiat system.