Why Most Money Fails - Six Principles to Navigate the Unstable World of Money

How should you approach money given most of it either collapses or loses its purchasing power due to inflation. Get our free six-day email course on how to beat inflation. Topics covered include:How supposedly safe savings apps collapsed, wiping out users' savingsWhy algorithmic stablecoins keep failing and why they are not black swansWhat it takes for money to be successfulHow money differs from investments For more information on this episode click here. Sponsors Composer automated traded platform Wealthfront - get your first $5,000 managed for free for life Show Notes Intellabridge Power Women: Maria Eagleton, Mastercard-incubated Blockchain Company, is setting An Example For Women in Cryptocurrency by Shruti Sood—Morning Lazziness @kashdefi, Twitter post, May 7th, 2022 7:54 AM @kashdefi, Twitter post, May 8th, 2022 10:42 AM Terra Cryptocurrency TerraUSD Plunges as Investors Bail by Caitlin Ostroff, Elaine Yu, and Paul Kiernan—The Wall Street Journal Cryptocurrency TerraUSD Falls to 11 Cents, Creator Announces Rescue Plan by Paul Vigna—The Wall Street Journal @kashdefi, Twitter post, May 9th, 2022 8:57 PM @kashdefi, Twitter post, May 9th, 2022 9:07 PM @kashdefi, Twitter post, May 12th, 2022 11:01 PM Intellabridge Announces Kash 2.0 and Kash Treasury Product Update—Intellabridge There are 99 problems and Tether ain’t $1 by Bryce Elder—Financial Times Tether cuts holdings of commercial paper, says majority of exposure in Treasuries -CTO—Reuters Investors withdraw over $7 billion from tether, raising fresh fears about stablecoin’s backing by Ryan Browne—CNBC Related Episodes 333: How The Covid Shock Nearly Destroyed The Financial System 373: Are Stablecoins Safe? Should You Own Them? 384 Plus: Survey Follow Up, A Stablecoin Collapse, and Trying to Analyze Ripple (unlocked for non Plus members) See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.