The Meaning Code cover image

Money and Reality: Exploring Austrian Economics and The Natural Order of Money with Brad and Ira

The Meaning Code

00:00

The Thermodynamics of Money

In the 19th century, gold was used as a standard of money. But after World War I, countries like Germany and England said they couldn't use it in war. That's when many people thought Western civilization had ended. He says that by conserving energy we can also produce something useful to someone else.

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