2min chapter

The Natural State with Dr. Anthony Gustin cover image

149: Dr. Saifedean Ammous - Cryptocurrency, The History of Money, Addressing Bitcoin’s Energy Usage, and More

The Natural State with Dr. Anthony Gustin

CHAPTER

Is There an Incentive to Print Gold Coins?

The idea that this was some kind of engineering improvement is completely baseless. It was an inflationary improvement. They wanted inflation so to be able to fight the war. This is what gave us the World War I that ended up being such a massive catastrophe for the world. And that's why, you know, the century since then has been the century of endless inflation and endless government spending and endless war,.

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