The Bitcoin Standard Podcast cover image

292. The Fiat Standard Lecture 11: Fiat States

The Bitcoin Standard Podcast

00:00

Debt, Moral Hazard and Central Planning Failures

Shows how IMF lending creates moral hazard and bureaucratic self-preservation, and critiques World Bank-style cost-benefit central planning and its human costs using Austrian insights on subjective value.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app