Videos

BTC057: How Fiat Works w/ Saifedean Ammous

Dr. Saifedean Ammous and Preston Pysh have a conversation about how the existing fiat financial system works, how it has created a warped incentive structure for things like academia, food, and many other things. Then they also talk about how Bitcoin offers a solution to many of these issues and concerns.

IN THIS EPISODE, YOU’LL LEARN:
0:00:00 – Intro
0:00:16 – What gave Saifedean the idea for the new book.
0:04:24 – What are the four key elements of how the Fiat system works?
0:11:29 – What surprised Saifedean the most about what value fiat brings to the existing economy.
0:17:23- Inflation is a vector – what does that mean?
0:23:22 – How has fiat corrupted the existing incentives in food, academia and other areas?
0:36:19 – What is the shadow banking system?
0:38:27 – What’s the purpose of the IMF?
0:55:12 – How does fiat mess with economic calculation?

?? Subscribe to Bitcoin Fundamentals/We Study Billionaires podcast show: https://link.chtbl.com/BTC057

?? Access our free show notes and transcript here: https://www.theinvestorspodcast.com/bitcoin-fundamentals/how-fiat-works-saifedean-ammous/

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?

LISTEN ? TO OTHER SHOWS FROM OUR NETWORK:

? If you’re interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ

?Dive into value investing and learn more about billionaires with our We Study Billionaires podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F9dDPFYGAHRbrWoToCe2uoU

? Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn

?Get introduced to the world of investing with our Millennial Investing podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?

FOLLOW US ON SOCIAL MEDIA?:

? Facebook: https://www.facebook.com/groups/theinvestorspodcast

? Linkedin: https://www.linkedin.com/company/the-investor’s-podcast

?Twitter: https://twitter.com/tip_network?lang=en

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?

Download Stig & Preston’s 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist/

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.