The Fiat Standard Lecture 12: Fiat Cost-Benefit Analysis calculates the minor benefits of fiat & compares them to its massive destructive effects: wealth erosion, distorted markets, political power g…
Published on 9 hours ago
The Fiat Standard Lecture 11: Fiat States shows how fiat exports inflation via reserve currencies, swaps market discipline for IMF/World Bank debt traps, bailouts & central planning, limits capital f…
Published on 1 week ago
The Fiat Standard Lecture 10: Fiat Fuels shows how fiat distorts energy markets replacing reliable hydrocarbons with subsidized unreliable expensive fiat fuels, rewards climate hysteria over engineer…
Published on 2 weeks ago
The Fiat Standard Lecture 9: Fiat Science shows how fiat centralizes education and research funding, removes real market feedback, produces meaningless research papers, politicizes science, entraps s…
Published on 3 weeks ago
The Fiat Standard Lecture 8: Fiat Food explains how fiat destroyed modern food, as governments optimize farming policy & nutritional guidelines to mask inflation, industrial sludge replaces meat & an…
Published on 4 weeks ago
The Fiat Standard Lecture 7: Fiat Life discusses how fiat raises time preference, breaks the bond between effort & reward, inventivizes debt, erodes culture, & undermines families. Bitcoin, as hard m…
Published on 1 month ago
Fiat's superior salability across space enabled global adoption, financed governments, & entrenched fractional-reserve banks, at the cost of losing value across time.
You can buy the hardcover, ebook …
Published on 1 month, 1 week ago
The Fiat Standard Lecture 5: Fiat Balances shows how fiat’s unquantifiable, irreconcilable, tentative, revocable, and negative balances kill saving, reward debt, and lock in servitude, unlike Bitcoin…
Published on 1 month, 2 weeks ago
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. Saylo…
Published on 1 month, 3 weeks ago
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 de…
Published on 2 months ago
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