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24min chapter
BTC149: Parallels to the Roman Empire w/ Dr. Peter St. Onge (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
The Decline of Empires and the Role of Fiat Money
The speakers discuss the parallels between the US and the Roman Empire in terms of severe currency devaluation, economic mismanagement, and government predatory behavior. They explore the decline of empires and the symptoms that led to the downfall of the Roman Empire. The chapter also examines the role of fiat money and inflation in today's economy and the potential consequences of runaway deficits and progressive government takeover.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode