131. Adventures in Late Stage Fiat: Russia with Lana Nagornaia
The Bitcoin Standard Podcast
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The Hard Money Economy Is the Only Way That You Can Make Money
In a hard money economy, it's the only way that you can make money is to go out there and serve other people. But with easy money economy, all these things become your work becomes disconnected from reward. You see an enormous amount of people who don't work getting rewarded because they manage to be connected to the money printer. We lose the concept of production as a way of generating wealth, and instead, aggression becomes the way of generatingwealth. It's one of the most devastating and destructive impacts of the fiat centuryf this turning of money into a government loyalty scheme point, rather than a reward for work.
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