285. The Fiat Standard: Lecture 4 - Fiat Mining

05 Aug 2025 • 61 min • EN
61 min
00:00
01:01:59
No file found

Lecture 4 of The Fiat Standard explains how fiat is mined through credit creation, incentivizing everyone to get into debt, causing prices to rise, which is covered up with the nonsensical CPI. Saylor"s explanation of prices as a vector is far better for understanding inflation. You can buy the hardcover, ebook or audiobook in several languages on saifedean.com/TFS, where you can also find the full lecture notes available for free download.  You can also take the rest of Saifedean"s courses by signing up to a membership on saifedean.com/membership

From "The Bitcoin Standard Podcast"

Listen on your iPhone

Download our iOS app and listen to interviews anywhere. Enjoy all of the listener functions in one slick package. Why not give it a try?

App Store Logo
application screenshot

Popular categories