SLP296 Saifedean Ammous - The Biggest Fiat Malinvestment
Stephan Livera Podcast
00:00
The Importance of Fiat Money in Austrian Economy
Fiat money is the underlying driver of so much of this, where people are now not thinking as much about the future. And i discuss the impact that it has on energy markets, on food markets, and in all kinds of aspects. I mean, its breaking apart a fundamental building block of civilization,. Fiat literally reverses the process of advancing human evolution. It's just not a price worth paying for saving up on transaction fees."
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