Jason HartmanCEO of Empowered Investor and Real Estate Tools

Value of currency depends on it's scarcity; if there's an abundance of currency, it's value drops.

Name: Value of currency depends on it's scarcity; if there's an abundance of currency, it's value drops.
Uploaded: 2022-08-26T15:00:21+00:00
Duration: 31 s
Channel: Jason Hartman
Description: In this brief monologue, the speaker explains that a currency’s value stems from its scarcity and its utility. When authorities create large amounts of…

26 Aug 2022 · 1 min

Watch on YouTube

0:31

In this brief monologue, the speaker explains that a currency’s value stems from its scarcity and its utility. When authorities create large amounts of currency "out of thin air" by printing more, the scarcity diminishes, leading to a decline in value (inflation). Although the currency still retains some utility, its overall usefulness erodes as it becomes overly abundant.

Chapters

The reason currency. And notice I didn't call it money, I called it currency. The reason currency has value is because of its scarcity and its utility. Right? When they start making so much of it, creating it out of thin air, printing it out of thin air, running the printing press, then the value has to decline because it's less scarce. Now, it still has utility, but that utility declines with its abundance.