
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 49min

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 54min

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 49min

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 1h 3min

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 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'...
29 Heinä 43min

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 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
22 Heinä 36min

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 available for free download. You can also take the rest of Saifedean's courses by signing up to a membership on saifedean.com/membership
15 Heinä 54min






















