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#64: Podcasting legend Jacob Goldstein joins Chris to discuss what's going on with inflation and what you can do about it. They also delve into everything money – how it originated, what its future might look like, how crypto fits in and some of Jacob’s favorite money hacks.
Jacob Goldstein is a journalist, writer, and podcast host. He’s written for the Wall Street Journal, co-hosted NPR’s “Planet Money” for a decade, authored “Money: The True Story of a Made-Up Thing” and recently launched a new podcast, “What’s Your Problem?”
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Masterworks: VIP access to skip the waitlist
Daffy: Free $25 to give to the charity of your choice
Fabric: Affordable term life insurance for you and your family
Selected Links From The Episode
Connect with Jacob Goldstein: Twitter | Podcast: What’s Your Problem? | Podcast: Planet Money
Jacob’s Book: Money: The True Story of a Made-Up Thing
What’s Your Problem? Podcasts: Squeezing the Entire Internet Into a Shoebox
Jacob’s San Diego Recommendations:
Other Resources Mentioned:
All The Hacks Traveling Podcasts:
Full Show Notes:
The current state of inflation [01:44]
Where inflation is making the largest impact [04:55]
Jacob explains when inflation can be a good thing [09:39]
You do not need to finance your vehicle through the purchaser, and Chris shares how he financed his most recent Tesla purchase [12:01]
How to prepare for inflation and I Bonds [15:39]
Jacob explains what money is [20:58]
The genesis story of money [23:04]
NFTs, Crypto, and the difference between all the various forms of money in the 1800s as opposed to today [29:09]
Chris & Jacob's stories of Bitcoin at the beginning [36:14]
Jacobs three possibilities for the future of money and what happened in Italy when it started to include the black market in its GDP [37:57]
Money lessons Jacob is passing on to his children [41:52]
Status and dealing with the urge to keep up with the Jones's [44:46]
Jacob's travel site filter and annualizing monthly payments hacks and Chris's Tesla delivery hack [49:01]
Managing your subscriptions and getting better deals on plane tickets [55:00]
Jacob discusses his new podcast, What's the Problem? [59:56]
Jacob's San Diego Recommendations [01:02:18]
Find Jacob online [01:03:47]
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(see important disclosures at masterworks.io/cd)
Daffy is a not-for-profit community built around a new modern way to give, with a mission to help people be more generous, more often. Daffy makes it so much easier to put money aside for charity. You can make your tax deductible contributions all at once. Or you can set aside a little each week or month. Then anytime in the future, you can give to more than one and a half million charities, schools, and faith-based organizations in a matter of seconds.
So you can separate the decision to give (and get your tax deduction) from deciding exactly which organization you want to support and when. My favorite part is that you can invest your contributions to your Daffy account so they can grow tax-free to let you have even more impact in the future. To start giving today and get your free $25 to give to the charity of your choice, go to allthehacks.com/daffy
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Connect with All the Hacks
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