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"The 500-Year-Old Law That Explains Why You're Broke"

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Описание к видео "The 500-Year-Old Law That Explains Why You're Broke"

Why do people spend cash as fast as they can but hoard assets like gold and real estate? It's an economic principle called Gresham's Law.

This video explains the concept of "Bad Money driving out Good Money." In an inflationary world, fiat currency becomes "bad money" that loses value, forcing people to spend it quickly. Meanwhile, "good money" (scarce assets) is hoarded for wealth preservation. Learn why the rich get rid of cash to buy assets and how you can use this 500-year-old rule to protect your wealth.

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