"Upstream" with Erik Torenberg cover image

E14: Balaji Srinivasan on the Fiat Crisis, Russia, and China.

"Upstream" with Erik Torenberg

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The Importance of Infinite Money in the US

The two premises that are the points of departure and what's interesting is they seem different, but they're actually equivalent. Why if you can print an infinite amount of money then no matter how inefficient it is, it can always buy more troops,. It can buy more planes, it can buy more bullets, whatever, it can pay people. And those are the premises of the dollar nationalist. The dollar nationalist believes and they can be either Democrat or Republican. There's left and right versions of it. They're the left and right status, one we are thinking about as opposed to left and right libertarians. If you believe those things, then everything that I'm saying is just turbulence on top of

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