2min chapter

The "What is Money?" Show cover image

God, the role of the state, and Bitcoin with Josh Jalinski (WiM170)

The "What is Money?" Show

CHAPTER

Is Your Metaphysics Affecting Equity?

i think there's a serious problem with having a world run on fiat currency, which is a debt based money. When your money loses value every year, you have an incentive to borrow and then let the debt burden be inflated away over time. And i think that's why world's at 350 %, is global debt to g d p to day. That's not a natural state of things. That's a Fiat induced state of affairs. So what happened to our modern view of equity?

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode