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BTC057: How Fiat Works w/ Dr. Saifedean Ammous (Bitcoin Podcast)

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IN THIS EPISODE, YOU’LL LEARN:

 

  • What gave Saifedean the idea for the new book.
  • What are the four key elements of how the Fiat system works?
  • What surprised Saifedean the most about what value fiat brings to the existing economy.
  • Inflation is a vector - what does that mean?
  • What is the shadow banking system?
  • What's the purpose of the IMF?
  • How has fiat corrupted the existing incentives in food, academia and other areas?
  • How does fiat mess with economic calculation?

 

BOOKS AND RESOURCES

  • Buy The Fiat Standard on Amazon.
  • Buy the Bitcoin Standard on Amazon.
  • Dr. Saifedean Ammous Twitter.
  • Dr. Ammous's podcast and website.
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