Saifedean Ammous and Tone Vays in Hong Kong

Saifedean Ammous and Tone Vays in Hong Kong

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333. The Fiat Trap with Nicolas Cary

Saifedean joins Nick Carey to discuss money as a civilizational force: why mainstream economics has an inflation blind spot, how banks "mine" fiat through credit creation, why the rich hold negative fiat balances to acquire hard assets, and how inflation funds war, corrodes moral ...  Show more

332. Principles of Economics Lecture 17: Defense

Lecture 17 of Principles of Economics explores the economics of defense as a market good rather than a uniquely governmental function, how law and order emerge through voluntary provision, the failure modes inherent of the state's monopoly over defense & law, and what a free mark ...  Show more

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