57. Elon Musk: The Fiat Rockefeller

57. Elon Musk: The Fiat Rockefeller

In this episode Saifedean talks to regular seminar attendees about Elon Musk’s recent bitcoin comments, and what they teach us about him & his business empire. Saifedean compares Elon Musk to John D. Rockefeller – both the richest men in the world in their eras – and discusses the extent to which their innovations have had an impact on the lives of everyday people, to give us an idea of how fiat alters society. To become the richest man in the world, Rockefeller built the modern industria...

Jaksot(345)

292. The Fiat Standard Lecture 11: Fiat States

292. The Fiat Standard Lecture 11: Fiat States

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 flow, increases poverty & turns development into a misery industry. 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 signi...

23 Syys 20251h 3min

291. The Fiat Standard Lecture 10: Fiat Fuels

291. The Fiat Standard Lecture 10: Fiat Fuels

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 engineering imperatives, increases poverty & compromises human flourishing. 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 ...

16 Syys 20251h 14min

290. The Fiat Standard Lecture 9: Fiat Science

290. The Fiat Standard Lecture 9: Fiat Science

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 students in massive debt, and rewards hysteria over truth. 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 member...

9 Syys 20251h 21min

289. The Fiat Standard Lecture 8: Fiat Food

289. The Fiat Standard Lecture 8: Fiat Food

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 & animal fats, cheap crops are subsidized, and soil & health suffer. 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 sig...

2 Syys 202549min

288. The Fiat Standard Lecture 7: Fiat Life

288. The Fiat Standard Lecture 7: Fiat Life

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 money, restores savings, long-term vision, and civilization. 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 signin...

26 Elo 202548min

287. The Fiat Standard Lecture 6: What Is Fiat Good For?

287. The Fiat Standard Lecture 6: What Is Fiat Good For?

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 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

19 Elo 202552min

286. The Fiat Standard: Lecture 5: Fiat Balances: Universal Debt Slavery

286. The Fiat Standard: Lecture 5: Fiat Balances: Universal Debt Slavery

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’s precise, irrevocable private-key control. 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...

12 Elo 202548min

285. The Fiat Standard: Lecture 4 - Fiat Mining

285. The Fiat Standard: Lecture 4 - Fiat Mining

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 cour...

5 Elo 20251h 2min

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