The "What is Money?" Show cover image

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

The "What is Money?" Show

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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?

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