154. Fiat History with Niall Ferguson
The Bitcoin Standard Podcast
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Is It Worth Being Passionate About Above and Beyond Coldly Asset Allocation?
"I think one should discourage things that are easy and encourage things that are hard. There is not no such thing as a risk-free asset," he says. "The world is full of sheep being fleeced, so you must act as if that uncertainty is scarily present" 'If you get it wrong, because most people do, most people are like, well, I'm just going to buy a house,' Alan adds.
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