How to Prepare for the Next Economic Crash | Mark Moss Explains How to Protect Your Wealth
Mark Moss explains how to protect your purchasing power from the next economic crash and explains the convergence of political, technological, and economic cycles.
0:00 Introduction
0:54 Leaving California for Puerto Rico
2:58 Geography is less meaningful than ever before
5:18 Historical cycles that repeat
7:07 Types of cycles
11:57 The swing back to decentralization
17:14 Technology leads to deflation
20:42 Monetary policy inflation vs technology deflation
23:51 What will happen and what should we do?
25:53 Central bank digital currencies
29:10 All value is subjective
31:40 US was founded to be decentralized
33:00 Retaining purchasing power
35:55 The importance of cash flow
36:57 Weimar Republic residents thought they were rich
38:27 Why the Paris Accord is a bad deal
41:23 Consider living outside the US
41:52 Mark's YouTube:
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https://www.youtube.com/watch?v=WOllkDVihj0