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186. Bitcoin: The Future of Money? | Bitcoiner Book Club
The Jordan B. Peterson Podcast
The Austrian Business Cycle Theory
i was i could start and you guys feel free to jump in so i would first encourage you um to look into what's called the euro dollar system. Because we have centrally planned money it's pushing hidden risk into the economy right because the free market distributed intelligence intelligence being defined as error correction It's mitigated by the central planning of money so these hidden risk accumulate. That's why we've had increased volatility since 1971 We have these huge economic booms we print a bunch of money inflation runs hot but so do assets everyone thinks they're doing really well and then we have these catastrophic retracement back to economic reality. Even the correction in march 2020 that was the sharpest liquidity collapse in
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