#19 – Logan Chipkin: Understanding Economics
Arjun Khemani Podcast
00:00
The Benefits of a Hard Money Regime
The more you're able to gain returns from saving and investing, the higher is the cost of acting barbarically. And when investment increases relative to consumption, that's when we're becoming more civilized. This actually perfectly leads me to something I know you're very interested in and something I want to learn more about - Bitcoin. Can you give a brief history of fiat money? Of course, improvement need never stop, but last time I checked, this was the best time to be alive. can we make even faster progress with the heart of money?
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