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/whatismoney iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/ Mind Lab Pro: https://mindlabpro.com/breedlove CrowdHealth: https://www.joincrowdhealth.com/breedlove Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/ Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com Carnivore 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/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE? RSS Feed: https://feeds.simplecast.com/MLdpYXYI // SUPPORT THIS CHANNEL //  Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7  Sats via Strike: https://strike.me/breedlove22 Sats via Tippin.me: https://tippin.me/@Breedlove22 Dollars 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/Breedlove22 WiM? Twitter: https://twitter.com/WhatisMoneyShow Rumble: https://rumble.com/c/Breedlove Instagram: https://www.instagram.com/breedlove_22/ TikTok: https://www.tiktok.com/@breedlove22 LinkedIn: https://www.linkedin.com/in/breedlove22/ All My Current Work: https://vida.page/breedlove22