Fiat Ruins Everything with Jimmy Song (WiM386)
The "What is Money?" Show
Introduction
This chapter discusses how the presence of a money printer distorts the feedback mechanism and allows people to push their agendas by suspending reality. It also explores the idea that socialism is based on this suspension of reality.
Jimmy Song joins me to discuss the debasement of fiat money and family values, the triumph of post-modern investing, and why Bitcoin puts humanity into a proper relationship with reality.
Jimmy Song is a long-term bitcoiner and author. He is the author of his latest book 'Fiat Ruins Everything.'
// GUEST //
Twitter: https://twitter.com/jimmysong
Website: https://vida.page/jimmysong
Book: https://a.co/d/fqkbW6s
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// OUTLINE //
00:00:00 - Coming up
00:00:43 - Intro
00:02:16 - Helping Lightning Startups with In Wolf's Clothing
00:03:03 - Introducing Jimmy Song
00:04:28 - Inspiration for the Book
00:07:15 - Debasement of Money and Morality
00:10:44 - Fiat Money is a Tool of Enslavement
00:13:12 - The Immorality of Printing Money
00:19:04 - Stolen Purchasing Power
00:22:17 - How Incentives Affect Morality
00:25:34 - Time Preference Influence on Morality
00:27:46 - Run Your Business from Anywhere with NetSuite
00:28:50 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet
00:29:47 - What is Belief?
00:33:38 - Belief and Action
00:34:50 - How Fiat Money Debases Reality
00:37:50 - Desperation and Victimhood Narratives
00:43:03 - Fiat Addiction Disrupting Market Feedback
00:46:00 - Money Debasement and Marriage
00:48:22 - Corporation and Government Induced Dependency
00:51:00 - Prioritizing Job Instead of Family
00:53:55 - Centralizing Force of Fiat
00:56:06 - Collapse of Capitalism and the Rise of Socialism
00:59:08 - Fiat Money and Debasement of Family
01:01:41 - Enhance Your Brain Power with Mind Lab Pro
01:02:47 - Take Control of Your Healthcare with CrowdHealth
01:03:49 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
01:04:41 - Triumph of Post-Modern Investing
01:08:26 - Fiat Money and Leveraged Buyout
01:10:05 - The Keynesian Beauty Contest of Stock Market
01:13:56 - The Perception Game of Wall Street
01:16:41 - Lack of Sound Savings Device
01:19:25 - Carthago Delenda Est
01:23:09 - Fiat Delenda Est
01:25:31 - Imposing Fiat Reality
01:30:20 - Bitcoin: An Actual Reality
01:32:12 - Where to Find Jimmy on the Internet
// PODCAST //
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
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// WRITTEN WORK //
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// SOCIAL //
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