The Bitcoin Standard Podcast

275. The Bitcoin Enlightenment with Ricardo Salinas Pliego

13 snips
May 30, 2025
Ricardo Salinas Pliego, a Mexican billionaire and staunch advocate for Bitcoin, joins Pascal Hügli, a Swiss economist and crypto journalist, to discuss their new book, The Bitcoin Enlightenment. They delve into the pitfalls of fiat currency and inflated economic systems, highlighting the history of sound money. The conversation also explores how Bitcoin empowers individuals, the detrimental effects of the bond market, and the need for financial education in navigating today’s monetary landscape. Their insights promise to enlighten and inspire anyone curious about the future of finance.
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ANECDOTE

Ricardo's Fiat Inflation Experience

  • Ricardo Salinas Pliego recalls the 1971 Nixon announcement ending the gold standard as a pivotal moment.
  • Mexico's peso inflation crises deeply shaped his view on the vital importance of sound money.
INSIGHT

Fiat Money as Fiat Fraud

  • Governments perpetuate inflation by printing money they back with nothing tangible.
  • This fiat fraud effectively steals value from the public unnoticed, harming economies.
INSIGHT

Bond Market as Government Scam

  • The bond market is a method governments use to hide perpetual deficit spending.
  • Pension funds forced to buy bonds transfer inflation risks and losses onto citizens, especially pensioners.
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