The Fiat Standard with Dr. Saifedean Ammous
Saifedean Ammous, famous for The Bitcoin Standard, has a remarkable new book detailing the effects of fiat money on virtually every aspect of society. In the tradition of Guido Hülsmann’s The Ethics of Money Production, Ammous returns with The Fiat Standard. From a framework of Austrian economics, this book explains the sordid history of central banks severing currencies from gold redemption—both to finance war and enjoy the political benefits of default. But it also considers the far-ranging effects of inflation on civilization: as time preference increases, everything gets worse. Education, food, architecture, family, and science all suffer, as inflation makes us live today at the expense of tomorrow.
On the 50th anniversary of Nixon’s gold shock, The Fiat Standard is an amazing explication of how the West fell to its current state. You don’t want to miss this show, especially Saifedean’s epic takedown of fiat academia at the end!
Breivik’s Battlefield: ...
On Monday, the lawyer of mass killer Anders Breivik announced the launch of a lawsuit against the Norwegian government in which he claims to be unlawfully held in isolation in prison. Breivik, who in 2011 committed horrific acts of violence
Fleeing in Fear: Resident...
Residents of Russia’s Belgorod region have been fleeing their homes in fear of cross-border attacks from neighboring Ukraine. The attacks, which are believed to be linked to a conflict between Ukrainian forces and Russian-backed separatists, have left dozens dead since
“Miracle Survivor: ...
A 90-year-old woman miraculously pulled alive from the rubble of a building that collapsed in Japan after a deadly earthquake five days ago, has provided a ray of hope during such a disheartening time. The 7.2 magnitude earthquake, centred off the