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Inflation in 2022 was over 7%. That means your salary's buying power went down by 7%. The value of your retirement and house went down by 7%. All the prices of basic goods like food and apparel and gas and housing and healthcare and education went up by 7% on average. The high inflation spooked the markets and pushed the Federal Reserve to raise interest rates which made it impossible for millions of people to buy homes. Now with higher interest rates, the Republicans are threatening to cut Social Security and Medicare to pay off the deficit.

https://wtfhappenedin1971.com/

Do we really have to have inflation? What if we built a currency that didn't experience inflation at all? That's the solution Braus will propose today. For over 14 years Braus has been working to build a new, inflation-resistant currency called the Numey — and it went live just a week ago!  Based on the theories of the Nobel-prize-winning economist F. A. Hayek, the currency avoids inflation by keeping a strong reserve of valuable assets. Numey keeps a 100% reserve of total market ETFs—generally considered the best long-term investment available today.

Solutioners who are interested can create their Numey wallet at paywithnumey.com.

Rap Battles between Hayek and Keynes:
1. Keynes vs. Hayek: Round One 
2. Keynes vs. Hayek: Second Round 

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Comments? Feedback? Questions? Solutions? Message us! We will do a mailbag episode.

Email: [email protected]
Adam: @ajbraus - [email protected]
Scot: @scotmaupin

adambraus.com (Link to Adam's projects and books)
The Perfect Show (Scot's solo podcast)
The Numey (inflation-free currency)

Thanks to Jonah Burns for the SFM music.