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101. Fiat markets with Lyn Alden

The Bitcoin Standard Podcast

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Is It Destructive to Live in a Culture Where Work Is Divorced From Reward?

I think a the analogy that i'll like to gives it's simmil to give in ate nager a credit card and telling them they can spend all the money they want. The only profitable, or the most profitable, line of business is fiat printing, basicy, which is lending. And so if wo go back to united states a, you know, a hundred years ago, we were the biggest creditor nation in the world. I think this is really the bad thing about a lot of people work really hard, but because of inflation and because ofa not being beneficiaries of the canteon effect, they can't get ahead.

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