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Dec 2021
1h 2m

BTC057: How Fiat Works w/ Dr. Saifedean ...

The Investor's Podcast Network
About this episode

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.


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