Examining The World's Best Speech on Money with Yaron Brook (WiM420)

Yaron Brook joins me to discuss Francisco's money speech by Ayn Rand, the concept of value for value, the vicious cycle of looting, and the link between money, property rights, and morality. Yaron Brook is an entrepreneur, writer, and public intellectual. He is the current chairman of the board at the Ayn Rand Institute. He is also the co-founder of BHZ Capital Management LP. // GUEST // Twitter: https://twitter.com/yaronbrook // SPONSORS // In Wolf's Clothing: https://wolfnyc.com/NetSuite: https://netsuite.com/whatismoneyiCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/Mind Lab Pro: https://mindlabpro.com/breedloveCrowdHealth: https://www.joincrowdhealth.com/breedloveBitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.comCarnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/// OUTLINE // 00:00:00 - Coming up 00:00:42 - Intro 00:02:15 - Helping Lightning Startups with In Wolf's Clothing 00:03:01 - Introducing Yaron Brook 00:03:29 - Francisco's Money Speech by Ayn Rand 00:06:48 - Libertarian Philosophy and Austrian Economics 00:11:30 - Who Inspired Ayn Rand? 00:14:02 - How Everything Began with Ayn Rand 00:16:09 - Who is Francisco d'Anconia? 00:17:19 - Money: Trading Value for Value 00:25:55 - Money Gains Value through Production 00:29:19 - Importance of Proof of Work 00:31:18 - Money, Energy, and Morality 00:38:53 - Run Your Business from Anywhere with NetSuite 00:39:58 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 00:41:08 - Money and Property Rights 00:43:00 - Creating Values and Earning Money 00:49:37 - Risk, Reward, and Time in Capitalism 00:51:13 - Importance of Making Stealing Unprofitable 00:54:46 - Wanting Something for Nothing 00:57:10 - The Vicious Cycle of Looting 01:01:37 - The Marxist Mantra 01:03:31 - Enhance Your Brain Power with Mind Lab Pro 01:04:37 - Take Control of Your Healthcare with CrowdHealth 01:05:44 - Degree of Productiveness and Reward 01:09:17 - Innovation is a Product of Freedom 01:10:27 - From Win-Loss to Loss-Loss 01:14:29 - Morality of Lying 01:18:56 - Ayn Rand's View of Morality 01:20:22 - The Problem with Fiat Money 01:26:37 - The Founding Principles of America 01:31:53 - Other Work by Ayn Rand// PODCAST // Podcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?RSS Feed: https://feeds.simplecast.com/MLdpYXYI// SUPPORT THIS CHANNEL // Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove// WRITTEN WORK // Medium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/// SOCIAL // Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowRumble: https://rumble.com/c/BreedloveInstagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22LinkedIn: https://www.linkedin.com/in/breedlove22/All My Current Work: https://vida.page/breedlove22