The Peter McCormack Show #171 - Michael Saylor - Why You Feel Poorer (And Why AI Will Make It Worse)
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Apr 30, 2026 
Michael Saylor, founder and executive chairman of MicroStrategy and leading Bitcoin advocate. He warns of ~7% currency debasement and explains why AI will demonetize much human labor. He urges staking your claim within roughly 10 years, buying scarce assets, and seeing Bitcoin as durable digital capital. Short, urgent, and wide-ranging on money, automation, and how to prepare.
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Century Long 7% Currency Debasement
- The dollar currency supply has been expanding roughly 7% per year for about a century, causing hidden monetary debasement.
- Michael Saylor ties that expansion to financing wars, social programs and deficits that quietly reduce purchasing power over time.
Colonial Currency Debasement Sparked The Constitution
- Saylor recounts U.S. colonial currency debasement and defaults, explaining the Constitutional drive to centralize debt repayment.
- He references Massachusetts, Shays' Rebellion and Rothbard's history to illustrate recurring debasement cycles.
Buy Scarce Desirable Property Not Just Skills
- Preserve wealth by owning scarce desirable property that outpaces currency debasement rather than relying solely on wage income.
- Saylor gives beachfront land and Manhattan real estate as examples that robots cannot manufacture, so their value rises relative to manufactured goods.