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#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics
Lex Fridman Podcast
What is austrian economics?
Lakshman: 'Economics has been high jacked by a bunch of frauds, people who are wrong' He says the currencies that have held on to their value and play biggest role in global trade. The ones that are used as currency reserves all over the world are those with lowest supply. Lakshman also talks about por croman an his parke - he is perhaps most harshly criticised by folks in austrian economics perspective,. And vice versa, which is a fascinating tension.
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