Arjun Khemani Podcast cover image

#19 – Logan Chipkin: Understanding Economics

Arjun Khemani Podcast

00:00

The History of Fiat Money

Fiat money is money imposed on a society by the government from the top down, by decree. Sound money is basically any money that the market freely chooses. The easiness or hardness of a money depends on its so-called stock-to-flow ratio. Inflation impedes our ability to error correct and wealth creation would be made easier with sound money.

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