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287. The Fiat Standard Lecture 6: What Is Fiat Good For?
Manage episode 501127526 series 2780468
Fiat's superior salability across space enabled global adoption, financed governments, & entrenched fractional-reserve banks, at the cost of losing value across time.
You can buy the hardcover, ebook or audiobook in several languages on saifedean.com/TFS, where you can also find the full lecture notes available for free download.
You can also take the rest of Saifedean's courses by signing up to a membership on saifedean.com/membership
368 episodes
Manage episode 501127526 series 2780468
Fiat's superior salability across space enabled global adoption, financed governments, & entrenched fractional-reserve banks, at the cost of losing value across time.
You can buy the hardcover, ebook or audiobook in several languages on saifedean.com/TFS, where you can also find the full lecture notes available for free download.
You can also take the rest of Saifedean's courses by signing up to a membership on saifedean.com/membership
368 episodes
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