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Aug 5
1h 1m

285. The Fiat Standard: Lecture 4 - Fiat...

Dr. Saifedean Ammous
About this episode

Lecture 4 of The Fiat Standard explains how fiat is mined through credit creation, incentivizing everyone to get into debt, causing prices to rise, which is covered up with the nonsensical CPI. Saylor's explanation of prices as a vector is far better for understanding inflation.

You can buy the hardcover, ebook or audiobook in several languages on saifedean.com/TFS, where you can also find the full lecture notes available for free download. 

You can also take the rest of Saifedean's courses by signing up to a membership on saifedean.com/membership

Up next
Jul 29
284. The Fiat Standard: Lecture 3 - Fiat Technology
Lecture 3 of The Fiat Standard explains the underlying technology behind fiat: a centralized network where money is created from credit expansion, devaluing existing holders' wealth, externalizing default risk onto society, & undermining savings, trade, & capital accumulation.You ... Show More
41m 53s
Jul 22
283. The Fiat Standard: Lecture 2 - The Never-Ending Bank Holiday
This is Lecture 2 of Saifedean's online course The Fiat Standard, based on his book by the same name. The course began last week and will include all 18 lectures.You can buy the hardcover, ebook or audiobook in several languages on saifedean.com/TFS, where you can also find the f ... Show More
35m 7s
Jul 15
282. The Fiat Standard: Lecture 1
Starting this week, Saifedean will be sharing the full 18 lectures of his online course The Fiat Standard, based on his book by the same name. You can buy the hardcover, ebook or audiobook in several languages on saifedean.com/TFS, where you can also find the full lecture notes a ... Show More
52m 40s
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