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Stephen Diehl on Web3, Bitcoin & Neometalism

Life Itself Podcast

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What's the Connection Between the Austrian School and the Gold Standard?

There's a very strong connection in that austrian economic school ar between kind of what we even call libertaries, or a very minimu, minimal state, minimal state intervention and economy. A tatemic one would be the gold standard, because goldis sort of out of the control of the state. The other point is how that relates to the dynamics of why i wouldn't even nesary say capitalism, because i think it goes back before capitalism. But i'sort of booman bus and business cycles, because that's been one of the key areas where the credit system e people creating credit, crating loans and then contracting them.

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