The 50th Anniversary of the Nixon Shock
Jim Grant · Sprott Podcast · podcast
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Why it's included
Historical context for 1971, when real estate began absorbing savings that once went to gold.
https://sprott.com/podcast/ep7/
Appears in
- Part 1 · Chapter 2Why Real Estate Became the World's Primary Store of ValueThese conversations frame property as a savings technology people adopted by default, and ask what happens when a better one appears.
- Part 1 · Chapter 3The Role of the Monetary PremiumA monetary premium is the value an asset carries beyond its use. Japan shows that premium can drain away over decades.