James Altucher

So money printing, just printing free money devalues the money. And that's when there's inflation. So you look at Germany in the 1920s, they had to pay all these war reparations. So they came up with this really brilliant idea. Well, here's one way to make money. Let's just print it and we'll give that to the Americans in the UK and so on. So they printed all this money.

So money printing, just printing free money devalues the money. And that's when there's inflation. So you look at Germany in the 1920s, they had to pay all these war reparations. So they came up with this really brilliant idea. Well, here's one way to make money. Let's just print it and we'll give that to the Americans in the UK and so on. So they printed all this money.

So money printing, just printing free money devalues the money. And that's when there's inflation. So you look at Germany in the 1920s, they had to pay all these war reparations. So they came up with this really brilliant idea. Well, here's one way to make money. Let's just print it and we'll give that to the Americans in the UK and so on. So they printed all this money.

Everyone realized, oh, my marks don't have any value anymore because there's so much of them. And so then there was hyperinflation. So that's what happens when you print money.

Everyone realized, oh, my marks don't have any value anymore because there's so much of them. And so then there was hyperinflation. So that's what happens when you print money.

Everyone realized, oh, my marks don't have any value anymore because there's so much of them. And so then there was hyperinflation. So that's what happens when you print money.

Because if there's a fixed supply of money, let's say you're not printing any money. Let's say all you have is $1,000. And let's say you buy food, oil, gas, a place to live, and books to read. I'm just making this up. And let's say... you know, gas, the price of gas goes up. Well, now you're gonna have to make a decision.

Because if there's a fixed supply of money, let's say you're not printing any money. Let's say all you have is $1,000. And let's say you buy food, oil, gas, a place to live, and books to read. I'm just making this up. And let's say... you know, gas, the price of gas goes up. Well, now you're gonna have to make a decision.

Because if there's a fixed supply of money, let's say you're not printing any money. Let's say all you have is $1,000. And let's say you buy food, oil, gas, a place to live, and books to read. I'm just making this up. And let's say... you know, gas, the price of gas goes up. Well, now you're gonna have to make a decision.

Maybe you move out of your apartment and get a cheaper apartment because you're gonna need gas to go to work. So you just have a thousand dollars. You have a fixed amount of money. So some prices go up, like gas goes up. Let's say there's a gas shortage for whatever reason. So some things go up, but then you have to take away money from other things. So the price of other things go down.

Maybe you move out of your apartment and get a cheaper apartment because you're gonna need gas to go to work. So you just have a thousand dollars. You have a fixed amount of money. So some prices go up, like gas goes up. Let's say there's a gas shortage for whatever reason. So some things go up, but then you have to take away money from other things. So the price of other things go down.

Maybe you move out of your apartment and get a cheaper apartment because you're gonna need gas to go to work. So you just have a thousand dollars. You have a fixed amount of money. So some prices go up, like gas goes up. Let's say there's a gas shortage for whatever reason. So some things go up, but then you have to take away money from other things. So the price of other things go down.

That's what happens with tariffs if there's fixed money. You could borrow money, but there's only so much you could borrow. Then you have to pay the money back. but printing money creates new money. And what they did was they printed money and they just gave it to people, which I'm not saying that was good or bad. Like people were struggling in the pandemic, but they just gave that to people.

That's what happens with tariffs if there's fixed money. You could borrow money, but there's only so much you could borrow. Then you have to pay the money back. but printing money creates new money. And what they did was they printed money and they just gave it to people, which I'm not saying that was good or bad. Like people were struggling in the pandemic, but they just gave that to people.

That's what happens with tariffs if there's fixed money. You could borrow money, but there's only so much you could borrow. Then you have to pay the money back. but printing money creates new money. And what they did was they printed money and they just gave it to people, which I'm not saying that was good or bad. Like people were struggling in the pandemic, but they just gave that to people.

And some people really needed it, but for some people it was just extra money. So these people just bought more things. And so then the prices of everything go up. It was just like, if suddenly everybody has like double the amount of money, then prices will double. So that's exactly what happened.

And some people really needed it, but for some people it was just extra money. So these people just bought more things. And so then the prices of everything go up. It was just like, if suddenly everybody has like double the amount of money, then prices will double. So that's exactly what happened.

And some people really needed it, but for some people it was just extra money. So these people just bought more things. And so then the prices of everything go up. It was just like, if suddenly everybody has like double the amount of money, then prices will double. So that's exactly what happened.

Like suddenly there was just all this extra free money for many people and they started buying more things. They were willing to pay more money for things. People recognize this. So suppliers charged more. That's almost, if you look at almost every time there's like periods of inflation, not just in the US, but in any country, it's when money, just free money happens to be around.

Like suddenly there was just all this extra free money for many people and they started buying more things. They were willing to pay more money for things. People recognize this. So suppliers charged more. That's almost, if you look at almost every time there's like periods of inflation, not just in the US, but in any country, it's when money, just free money happens to be around.