📈Currency inflation and economic growth are closely related.
💰Dematerialization and collapse of variable costs have resulted in trillion-dollar companies like Apple and Google.
📱Digital products are deflationary due to their low variable costs and infinite supply.
💡Inflation is not evenly distributed and varies depending on the product.
🌍The digital revolution has led to the collapse of traditional industries and the creation of new deflationary products.
What is the relationship between currency inflation and economic growth?
—Currency inflation affects economic growth by increasing the amount of money chasing after a fixed amount of products, leading to price increases.
How have trillion-dollar companies like Apple and Google been created?
—Companies like Apple and Google have become trillion-dollar companies by dematerializing physical products and collapsing variable costs, resulting in high gross margins.
Why are digital products considered deflationary?
—Digital products have low variable costs and infinite supply, leading to a decrease in prices over time.
Is inflation evenly distributed?
—No, inflation varies depending on the type of product. Some products may even become cheaper over time due to technological advancements.
How has the digital revolution impacted traditional industries?
—The digital revolution has led to the collapse of traditional industries by replacing physical products with digital counterparts, resulting in deflationary dynamics.
00:06Michael Saylor, the billionaire founder and CEO of MicroStrategy, discusses the economic calculation and its impact on preserving shareholder value.
03:55Currency inflation and economic growth are closely related.
09:28Dematerialization and collapse of variable costs have resulted in trillion-dollar companies like Apple and Google.
13:22Digital products are deflationary due to their low variable costs and infinite supply.
17:46Inflation is not evenly distributed and varies depending on the product.
22:10The digital revolution has led to the collapse of traditional industries and the creation of new deflationary products.
