The Fiat Standard
Mentions in Episodes:
- Episode: Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics | Lex Fridman Podcast #284
Podcast: Lex Fridman PodcastHe's an Austrian economist, an anarchist, and the author of "The Bitcoin Standard" and the new book, "The Fiat Standard."
- Episode: Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics | Lex Fridman Podcast #284
Podcast: Lex Fridman PodcastAfter what happened in World War I, this changed; I discussed this in detail in The Fiat Standard.
- Episode: Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics | Lex Fridman Podcast #284
Podcast: Lex Fridman PodcastBut with the fiat system, and this is where I make a breakthrough in my book, fiat replaces gold mining with credit creation.