106. Fiat Money beyond economics, with Tom Woods

February 25th 2022. In this episode, Saifedean appears on The Tom Woods Show for a discussion on how the damage caused by fiat money extends beyond economics. Saifedean and Tom discuss why fiat money increases the power of governments and heightens societal time preference, disincentivising long-term planning. They also talk about the rise of “fiat mentality” and how societal attitudes have changed in areas such as diet, education and energy. They then discuss the “misery industry” of debt-b...