2min chapter

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#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics

Lex Fridman Podcast

CHAPTER

The Effect of Government Printing Money on the Economy

Since the 1970s, since this has happened, basically most fiat economists are like to call them. Anybody who's got a familiarity with the scientific method or who's got an engineering background who comes into economics immediately has a lot of red flags. So is it possible to have a non-Kenzie model or one that still supports moderate amount of inflation is good for the economy? I'm sure we'll disagree there too. Not smart enough to disagree, but I'll disagree anyway.

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