299: How to Prepare for the Next Economic Crash

Mark Moss explains how to protect your purchasing power from the next economic crash and explains the convergence of political, technological, and economic cycles. Key Takeaways: [1:04] Leaving California for Puerto Rico [3:08] Geography is less meaningful than ever before [5:28] Historical cycles that repeat [7:17] Types of cycles [12:07] The swing back to decentralization [17:24] Technology leads to deflation [20:52] Monetary policy inflation vs technology deflation [24:01] What will happen and what should we do? [26:03] Central bank digital currencies [29:20] All value is subjective [31:50] US was founded to be decentralized [33:10] Retaining purchasing power [36:05] The importance of cash flow [37:07] Weimar Republic residents thought they were rich [38:37] Why the Paris Accord is a bad deal [41:33] Consider living outside the US Mentions:  Mark's YouTube Channel