The Only Two Assets That Actually Beat Inflation (ft. Raoul Pal)

Your savings lose value every year, and most assets barely keep up. Raoul Pal, macro veteran and co-founder of Real Vision, argues there are only two asset classes that actually pull ahead over time, and most people own neither. He joins Gav to break down the "debasement" of currency and why it quietly makes everyone poorer, which two asset classes he believes actually beat it, how AI and the "age of abundance" could reshape the economy, and what it all means for how you should think about money over the next decade. Subscribe to our FREE Newsletter: https://marketmadness-newsletter.beehiiv.com/ ▶ Follow Raoul Pal: X: @RaoulGMI https://raoulpal.com/ Real Vision: realvision.com ▶ Follow WOLF Financial: X: https://x.com/WOLF_Financial IG: https://www.instagram.com/wolffinancial_official/ This content is for informational purposes only and does not constitute investment advice. The guest references his own book and products during the conversation. The views expressed are his own and do not necessarily reflect those of WOLF Financial. Investing involves risk, including the possible loss of principal. Cryptocurrency is highly volatile. Past performance is not indicative of future results. 00:00 Intro 02:00 Why this is one of the most extraordinary moments in history 03:26 How AI reshapes the economy (and why he's not a doomer) 08:48 The age of abundance: why money may matter less 15:28 The business cycle and liquidity, explained 17:00 The debasement problem: why you can't get ahead 19:06 The only two assets that beat debasement 22:05 Bitcoin vs crypto vs gold vs real estate 27:45 AI agents and the coming machine economy 33:23 The one skill to master right now