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Podcast: The Great Simplification with Nate Hagens
Episode: What is Wealth? | Frankly 86
Description: (Recorded February 18th, 2025) Â Individually and collectively, we have become fixated on the pursuit and accumulation of wealth. But what is wealth? Our singular focus on financial capital obscures a fundamental truth: money is merely a marker for real wealth, all of which originates in nature. With the universal fungibility of the US dollar into everything as the engine, we are now transmuting the world's wealth into income at an unprecedented rate. Driven by cultural incentives to maximize individual profit, we are collectively depleting the high quality ores and energy stocks, as well as the natural w...