BTC057: How Fiat Works w/ Dr. Saifedean Ammous (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network

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

2021-12-22
IN THIS EPISODE, YOU’LL LEARN: 00:51 - What gave Saifedean the idea for the new book. 04:15 - What are the four key elements of how the Fiat system works? 10:38 - What surprised Saifedean the most about what value fiat brings to the existing economy. 15:39 - Inflation is a vector - what does that mean? 24:27 - How has fiat corrupted the existing incentives in food, academia and other areas? 36:19 - What is the shadow banking system? 37:59 - What's the purpose of the IMF? 58:10 - How does fiat mess with economic calculation? *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND R...
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