The Bitcoin Matrix cover image

Saifedean Ammous: The Fiat Standard & The Reversal of Civilization

The Bitcoin Matrix

00:00

The Great Depression and the Bank of England

Before world were one, the world was on a gold sterling standard. The bank of england's sterling pound was considered as good as gold. And then that financed and allowed the british empire to do all kinds of crazy and insane things with their magic money printer. They'd gone off the gold standard in world war one. That's something that nobody really likes to talk about. Regime economists don't really discuss this. But what was really interesting is, a, this is not talked about historically.

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