EPISODE · Jul 7, 2026 · 54 MIN
333. The Fiat Trap with Nicolas Cary
· host Dr. Saifedean Ammous
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 morality, and raises time preference.
What this episode covers
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 morality, and raises time preference.
NOW PLAYING
333. The Fiat Trap with Nicolas Cary
No transcript for this episode yet
Similar Episodes
No similar episodes found.