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In this episode of the Build Different podcast, brothers Sam and David Weiss sit down with their uncle Don to explore what makes money "sound" and why it matters for everyday Americans. Don shares his journey from losing money in the stock market to understanding the hidden mechanisms behind inflation and fiat currency.
The conversation unpacks how America functioned for 150 years on a gold and silver standard with minimal inflation, and how the shift to fiat currency in the 1930s created a system where politicians and banks could print money unconstrained. Through personal stories of retirement savings eroded by inflation and market crashes, Don offers hard-won wisdom about the hidden tax that nobody votes on.
They discuss counterintuitive truths—like how 3% official inflation might really be 10%, how a 1920s suit costs the same in gold today as it did then, and why the minimum wage problem might actually be a sound money problem. Don also shares his investment strategy and emerging possibilities for monetary reform, including gold-backed bonds and cryptocurrency's role in reshaping the system.
Join the Weiss brothers for this candid conversation about money, markets, and building financial security in an era of unprecedented monetary experimentation.
By David & Sam WeissIn this episode of the Build Different podcast, brothers Sam and David Weiss sit down with their uncle Don to explore what makes money "sound" and why it matters for everyday Americans. Don shares his journey from losing money in the stock market to understanding the hidden mechanisms behind inflation and fiat currency.
The conversation unpacks how America functioned for 150 years on a gold and silver standard with minimal inflation, and how the shift to fiat currency in the 1930s created a system where politicians and banks could print money unconstrained. Through personal stories of retirement savings eroded by inflation and market crashes, Don offers hard-won wisdom about the hidden tax that nobody votes on.
They discuss counterintuitive truths—like how 3% official inflation might really be 10%, how a 1920s suit costs the same in gold today as it did then, and why the minimum wage problem might actually be a sound money problem. Don also shares his investment strategy and emerging possibilities for monetary reform, including gold-backed bonds and cryptocurrency's role in reshaping the system.
Join the Weiss brothers for this candid conversation about money, markets, and building financial security in an era of unprecedented monetary experimentation.