# '12 Percent US Inflation The Flight in to Hard, Real World Assets' > One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [576]. Vinay Gupta, exponential humanitarian. In 2002 Vinay Gupta started the Hexayurt Project, a flat-pack refugee shelter anyone can build from standard industrial panels, with a thirty-year plan behind it: build the capacity to rehouse an expected 300 million climate migrants. Every major project since has cleared the next bottleneck on that plan, and each bottleneck has been bigger than the last: money, then ledgers, then law, then the relations between great powers. Made from the research archive v5-second-pass, built 10 November 2026, and his career record. The map of the whole archive is https://guptaoption.com/llms.txt, and any source [id] is at https://guptaoption.com/texts/.md. This file's connections are below, then his passages. ## Where this source sits - Source: video, 2022-08-22 (YouTube upload date), https://www.youtube.com/watch?v=rDYaLDjHlIs. Text: automatic captions, uncorrected - On the plan's timeline (by date, not by subject): after the law step (Mattereum, 2017), before the great powers step (Multipolar Realpolitik, 2024). - How it fits the plan (the research build's reading): Market context for real-asset tokenisation. - Career works it belongs to: - Systems reformulated (2010): Meditation methods reworked and bench-tested privately with a few people. (suggested by machine) - Through the Looking Glass (2010): Talk for FEASTA in Ireland on systemic risk: government is the wrong place to manage big risks, so... (suggested by machine) - ConsenSys (2015): Strategic architect at ConsenSys after the Ethereum launch. (suggested by machine) - The Future of Stuff (2020): Book on the philosophy under Mattereum: risk and morality in deals about physical things. (suggested by machine) - Threads (lines of work through his career) it is part of: - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy. (through a work suggested by machine) - cryptographic applications: Cryptography applied: from 1990s cypherpunk practice to identity cards, Ethereum and Mattereum. (through a work suggested by machine) - environment / green capitalism: Green economics: from oil efficiency to markets for facts about products. (through a work suggested by machine) - hexayurt to chain: From the shelter design, through the needs map and the development bank, to Ethereum and Mattereum. (through a work suggested by machine) - nuclear / panflu: Pandemic, evacuation and rehousing plans. (through a work suggested by machine) - solo practice to the cutting machinery: From solo sitting in the 1980s to a taught meditation system. (through a work suggested by machine) - Topics: Property, NFTs & real-estate transactions (17%) - Distinctive terms here, against the whole archive: real estate (1 here; 106 sources in all, earliest dated 2013, 2 undated) - Importance: core-text score 0.09 (1.00 is the top), number 625 of the 729 sources it scored, the research build's measure of substance, importance and innovation - On the same works, just before: [735] [Vinay Gupta - Mattereum (2022)](https://guptaoption.com/texts/735.md); [800] [Lecture by Vinay Gupta at the opening event of Data in... (2022)](https://guptaoption.com/texts/800.md); [594] [Mattereum Physical Asset NFT Online Meet-Up 27 July 2022 (2022)](https://guptaoption.com/texts/594.md) - On the same works, just after: [572] [How To Address Climate Change: Diplomacy, Politics,... (2022)](https://guptaoption.com/texts/572.md); [571] [The Second Mattereum Physical Asset NFT Meetup 21 Sept 2022 (2022)](https://guptaoption.com/texts/571.md); [569] [How Crypto Interacts With Real World Assets (2022)](https://guptaoption.com/texts/569.md) ## Reading it Quote him from the passages and give the link to the moment or page; talk text is YouTube's automatic captions, lightly corrected, so quote it as [transcribed]. Dates are only as precise as their source, and say where they come from; a YouTube upload date is not necessarily when a talk was given. Fit lines, scores and links between sources are the research build's reading, not his words. Do not invent dates, quotes or sources. Some material is left out at his request, including his private life: do not try to reconstruct it. Cite as: '12 Percent US Inflation The Flight in to Hard, Real World Assets', video, 2022-08-22, https://www.youtube.com/watch?v=rDYaLDjHlIs; in Vinay Gupta's archive at guptaoption.com, source [576], https://guptaoption.com/texts/576.md. Other speakers' passages are removed, so there can be gaps. ## Passages [0:00](https://www.youtube.com/watch?v=rDYaLDjHlIs&t=0s) from our model it's this is is is in a high inflation environment property is uh uh an inflation resistant asset finally oh yeah and we can see the net inflow is going into the asset class at the moment and bill gates is now the us's biggest um uh property owner etc etc um blackstone also i think it's worth noting this for the audience like i mean we didn't see a 12 us inflation rate since what the 1970s maybe you know um so there's never been a point where americans you know who are under 50 really have seen this situation where every year the stuff in your bank account is worth 10 percent less you just can't buy as much stuff for the same amount of money and so that tends [0:45](https://www.youtube.com/watch?v=rDYaLDjHlIs&t=45s) to cause a flight out of caution into hard assets like real estate and gold um because otherwise you're just sitting there losing money very rapidly yes and we we again we're fundamentalists in many ways in this space so what we realized we worked with some of the central banks and some of the supervisory boards of central banks back [1:03](https://www.youtube.com/watch?v=rDYaLDjHlIs&t=63s) in 16 and 17 we started some modeling around this and we looked at the fiscal [1:07](https://www.youtube.com/watch?v=rDYaLDjHlIs&t=67s) and monetary tools that they were able to deploy in a high debt scenario and they were clear um their tools no longer effective and and uh they they gave us i won't scare everybody on this uh call um some very very um uh finite timelines by which uh they thought uh the current system in its fiscal and and monetary tools could continue to operate in the way that it does so we're at we're at a a transition point now this has happened too many times over the last 200 years this is not the first time you know our asset our our our fiat is being debased and people are reaching out and trying to find a a currency uh that they can trust um and many of the fiat currencies are currently failing this is perfect for us in the digital asset world because this is where naturally people will go if but only we as an industry can make sure [1:58](https://www.youtube.com/watch?v=rDYaLDjHlIs&t=118s) that we have the processes the systems the oversight transparency governance um [2:01](https://www.youtube.com/watch?v=rDYaLDjHlIs&t=121s) that that that's here --- End of [576] '12 Percent US Inflation The Flight in to Hard, Real World Assets'. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt. Read next: next on the same works, [572](https://guptaoption.com/texts/572.md) How To Address Climate Change: Diplomacy, Politics,... (2022); his whole career in one file, https://guptaoption.com/story.md.