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Ep. 2071 Fiat Money: Its Damage Goes Beyond Economics

The Tom Woods Show
The Tom Woods Show
Episode • Feb 25, 2022 • 55m

Saifedean Ammous, who's written a brutal smash of the fiat money system, traces other problems to the perverse incentives introduced by the government's money. In this episode we discuss two primary ones: the substitution of industrial sludge for real food, and the introduction of inefficient and inadequate energy sources in place of ones that work.

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Show notes for Ep. 2071

The Tom Woods Show • Ep. 2071 Fiat Money: Its Damage Goes Beyond Economics • Listen on Fountain