
SLP296 Saifedean Ammous - The Biggest Fiat Malinvestment
Stephan Livera Podcast
00:00
What's the Biggest Loss in the World?
Two point five % of the world's wealth every year is being destroyed through fiat. Rich people can protect themselves from inflation by buying financial assets, but poor people can't buy assets. And so th their only hope of saving into the future is cash. It's constantly being destroyed to pump the numberstocks and bonds and governmenti a yeand all all the Fiat instruments that are held by the richest people. So its, it's absolutely staggering. You know, you see so many fiat people constantly prancing on about o inequalities, bad. Inequalities bad. But they don't talk about me. nobody ever mentions this. Nobody ever mention the fact that government money, which usually,
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