Episode notes
In this Twitter Spaces discussion, Saifedean introduces his new book The Fiat Standard. Working through the chapters of the book, he discusses how the fiat monetary system works, why the Federal Reserve constitutes its “single node”, and how fiat is “mined” into existence through bank lending. He also talks about how the fiat monetary system impacts society in areas ranging from diet to energy to education. Saifedean then takes questions from Twitter users on The Sovereign Individual thesis, CBDCs and whether bitcoin miners are the “central banks” of bitcoin.
Saifedean’s first book, The Bitcoin Standard:
http://saifedean.com/thebitcoinstandard
Saifedean’s second book, The Fiat Standard:
http://saifedean.com/thefiatstandard
Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here:
https://saifedean.com/membership/
Saifedean’s first book, The Bitcoin Standard:
http://saifedean.com/thebitcoinstandard
Saifedean’s second book, The Fiat Standard:
http://saifedean.com/thefiatstandard
Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here:
https://saifedean.com/membership/
