149: Dr. Saifedean Ammous - Cryptocurrency, The History of Money, Addressing Bitcoin’s Energy Usage, and More
The Natural State with Dr. Anthony Gustin
00:00
What Happens After World War I?
The money supply for the world overall has been increasing at around 14% per year over the last 60 years. The ability to save is really what makes us human, it's what allows us to provide for the future and prioritize the future. I mean, saving is inextricably linked with civilization because civilization is the process of prioritizing the future at the expense of the present. And so as an example of using World War I, when we inflate all this stuff, we can buy everything really in a short term. But as far as what happens in the long term, how do we think about? And what the implications of this are?"
Transcript
Play full episode
