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Ep. 2070 Fiat Money and Debt Slavery, with Saifedean Ammous

The Tom Woods Show

00:00

The Richest People in Fiat Are the Biggest Borrowers in the World

All the world's organizations are in debt. Life is just about getting into more and more debt, he says. If you're rich on the gold stand, no, the way to get rich on theGold Stand was to accumulate more gold and have more money. The richest people in fiat are the people who owe the most Fiat. That's the winning strategy.

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