Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, avid reader and writer, and founder of New Millennium Wealth. His goal is to help individuals get out of the rat race and become financially free, by showing you every step of his journey, and by sharing all of the knowledge he has accumulated about trading, investing, markets, and economics over the past 4 years.
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Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, avid reader and writer, and founder of New Millennium Wealth. His goal is to help individuals get out of the rat race and become financially free, by showing you every step of his journey, and by sharing all of the knowledge he has accumulated about trading, investing, markets, and economics over the past 4 years.
If you’ve ever gotten into a debate, or simply have discussed inflation on social media (which is a cesspool of toxic behavior these days) with your friends, then you’ve probably heard about the velocity of money, or how inflation is a general increase in prices.
You see in the 21st century, most people just automatically accept what they hear about inflation, and economics in general, as accurate and true, and rarely ever question the prevailing narrative.
But are these concepts correct? Is inflation a general increase in prices? Does the velocity of money really cause inflation?
In today’s episode, we do a deep dive into these concepts and dispel a ton of these myths that are out there muddying the waters.
The Matthew Spositi Program
Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, avid reader and writer, and founder of New Millennium Wealth. His goal is to help individuals get out of the rat race and become financially free, by showing you every step of his journey, and by sharing all of the knowledge he has accumulated about trading, investing, markets, and economics over the past 4 years.