In 'The Fiat Standard', Saifedean Ammous delves into the world's transition from the gold standard to the current system of government-backed fiat money. He explains the fiat standard as a feat of engineering and technology, similar to his analysis of bitcoin in 'The Bitcoin Standard'. Ammous outlines the purposes and failures of the fiat standard, deriving its wider economic, political, and social implications. He also examines how bitcoin could affect the fiat system over time, highlighting issues such as inflation, government intervention, and the potential for bitcoin to provide a more stable and salable alternative across space. The book critiques the distortions caused by fiat money in various global markets and suggests that bitcoin could lead to an orderly upgrade of the world's monetary operating system.
The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications. The book takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems to modern government debt. It explains the operation of Bitcoin as a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records, allowing users to perform traditional monetary functions without relying on authorities or physical infrastructure. The book also explores common questions surrounding Bitcoin and its potential as a store of value and a network for final settlement of large payments, challenging government monopolies and offering a vision of money extricated from politics and borders.
Published in 1962, 'Silent Spring' by Rachel Carson is a seminal work in environmental science. The book documents the harmful effects of DDT and other pesticides on the environment, including their impact on bird populations, other wildlife, and human health. Carson argued that these substances should be called 'biocides' due to their broad impact on ecosystems. The book was serialized in 'The New Yorker' before its full publication and generated significant public and scientific debate. It led to a reversal in U.S. pesticide policy, the banning of DDT for agricultural use in 1972, and the establishment of the U.S. Environmental Protection Agency in 1970. Carson's work challenged the prevailing attitudes towards scientific progress and human control over nature, advocating for responsible and careful use of pesticides and highlighting the need for environmental stewardship.
Published in 1968, 'The Population Bomb' by Paul and Anne Ehrlich predicts catastrophic consequences, including mass starvation and environmental ruin, due to unchecked population growth. The book argues that immediate action is necessary to control population growth to prevent these dire outcomes. Although many of the Ehrlichs' predictions did not come to pass, the book significantly raised awareness about population and environmental issues and influenced public policy in the 1960s and 1970s. The authors emphasize the need for conscious regulation of human numbers and highlight the strain that growing populations place on the natural world[1][4][5].
In 'Broken Money', Lyn Alden delves into the evolution of money, from ancient forms like shells and gold to modern technologies such as central banks and Bitcoin. The book examines the theoretical foundations and practical implications of various monetary systems, highlighting how technology drives global financial changes. Alden also explores the human impact of money and how new monetary technologies shape societal power structures. The book aims to provide readers with a deep understanding of money's past, present, and potential future, including emerging technologies that could improve the current financial system.
In this episode, I sit down with Matthew Lysiak, a nationally recognized investigative journalist and author of Fiat Food: Why Inflation Destroyed Our Health and How Bitcoin Fixes It. Together, we unpack how inflation has silently undermined our health.
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––– Chapters –––
00:00 - Intro
01:24 - Matthew Lysiak Joins the Bitcoin Matrix
02:48 - From Mainstream Media to Fiat Food
05:07 - Discovering the Fiat Standard and Digging Deeper
08:26 - The Government’s Role in Shaping Our Diet
10:04 - A Personal Dedication
11:20 - Edward Bernays and Public Influence
11:44 - The Ancel Keys Cholesterol Conspiracy
17:24 - The Rise of Fake Food and Cereal Culture
23:02 - Crisco, Seed Oils, and Industrial Waste as Food
27:18 - Nixon, Inflation, and Food Supply Manipulation
30:21 - Plant-Based Diets and Fiat Economics
32:38 - John Harvey Kellogg and Cereal as Control
36:30 - The Graham Cracker Origins
37:01 - Butter-Legging and Margarine Riots
40:27 - The Phillips Curve and Keynesian Economics
45:03 - Fiat, Inflation, and the Money Printer
47:17 - Earth Day, Population Control, and Fiat Funding
50:40 - Nixon’s Philosopher’s Stone
53:35 - The Apple Economy Analogy
58:34 - Ozempic, Obesity, and the Medical Complex
01:03:16 - Nutrient Poverty and Obesity
01:04:44 - Diets, Gorillas, and Brain Size
01:06:21 - School Lunches and Metabolic Collapse
01:10:51 - How Bitcoin Changed Matthew Lysiak
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