124. Adventures in Late Stage Fiat: CFA Franc with Fodé Diop

124. Adventures in Late Stage Fiat: CFA Franc with Fodé Diop

How did the CFA franc come to be the common currency of 14 West and Central African nations? Who controls it and why did it suddenly lose half of its value in 1994? In this episode, we are joined by software engineer and founder of Bitcoin Developers Academy, Fodé Diop, for a discussion on the fascinating monetary history of West Africa. Fodé explains how the CFA franc has allowed France to maintain economic dominance in West Africa, how the 1994 devaluation affected his family, and why he is...

Jaksot(355)

318. Principles of Economics Lecture 9: Trade

318. Principles of Economics Lecture 9: Trade

Ninth lecture of Principles of Economics explores trade as voluntary exchange that benefits all parties, explaining subjective valuation, absolute and comparative advantage, and how specialization and...

24 Maalis 1h

317. Principles of Economics Lecture 8: Energy and Power

317. Principles of Economics Lecture 8: Energy and Power

Eighth lecture of Principles of Economics examines energy and power as essential drivers of production, showing how abundant energy, especially hydrocarbons, raises productivity, expands trade and liv...

17 Maalis 1h 13min

316. Principles of Economics Lecture 7: Technology

316. Principles of Economics Lecture 7: Technology

Seventh lecture of Principles of Economics explores technology as non-scarce knowledge that raises productivity and drives long-term growth, explaining why innovation creates new work instead of destr...

10 Maalis 46min

315. Principles of Economics Lecture 6: Capital

315. Principles of Economics Lecture 6: Capital

Sixth lecture of Principles of Economics explores capital as saved resources that lengthen production to raise productivity, showing how time preference governs saving and interest, why capital is cos...

3 Maalis 47min

314. Principles of Economics Lecture 5: Property

314. Principles of Economics Lecture 5: Property

Fifth lecture of Principles of Economics explains property as the only workable solution to the problem of scarcity, how ownership prevents conflict, the logic of self-ownership, and how secure proper...

24 Helmi 44min

313. Principles of Economics Lecture 4: Labor

313. Principles of Economics Lecture 4: Labor

Fourth lecture of Principles of Economics explores labor as the sacrifice of leisure for future gain, explaining disutility, production and productivity, how wages reflect marginal output, why work ne...

17 Helmi 47min

312. Principles of Economics Lecture 3: Time

312. Principles of Economics Lecture 3: Time

Third lecture of Principles of Economics examines time as the ultimate scarce resource, showing how all human action unfolds across time, why opportunity cost exists, how time preference shapes choice...

10 Helmi 50min

311. The Bitcoin vs Gold Debate: Saifedean Ammous vs Peter Schiff

311. The Bitcoin vs Gold Debate: Saifedean Ammous vs Peter Schiff

Saifedean debates Peter Schiff on gold, bitcoin, and the future of money, during the PlanB Conference in San Salvador!

3 Helmi 51min

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