SLP485 What is Inflation? with Jonathan Newman
Stephan Livera Podcast
00:00
The Ethics of Money Production
Gatorholzmann: As new money is created under a free market scenario, there is some legitimate purpose in the pre-Bitcoin world. He says gold producers actually went and had to dig and do this work to create the thing as opposed to in the Fiat arena. The only reason why Fiat monies don't lose value as fast as they would is because of interventions by the state, he adds.
Transcript
Play full episode
