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The Tom Woods Show

Ep. 2070 Fiat Money and Debt Slavery, with Saifedean Ammous

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.83.3K Ratings

🗓️ 24 February 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

Saifedean Ammous, one of the great Austrian economists working today, has written a scathing indictment of the fiat money system, leaving no stone unturned in seeking out all the damage it does to individuals and society.

Transcript

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0:00.0

The Tom Wood Show, Episode 2070.

0:03.2

Prepare to set fire to the index card of allowable opinion.

0:07.7

Your daily dose of liberty education starts here.

0:11.2

The Tom Wood Show.

0:14.2

Folks, if you're like me when you criticize the Federal Reserve,

0:16.8

you get all these lackey style responses.

0:19.9

Why the Fed has made the economy more stable?

0:22.4

You don't want to go back to the 19th century, do you?

0:25.2

All kinds of arguments like that.

0:26.8

Well, you can blow those and others out of the water,

0:29.7

with my free ebook, Our Enemy, The Fed.

0:32.8

Grab it at ouranemythefed.com.

0:36.4

Hey, everybody, Tom Woods here.

0:37.8

I am very happy to be joined by Safadine Amousse,

0:41.1

whom we've talked to in the past about his book, The Bitcoin Standard.

0:45.3

Well, he's got a new one, and it is a very important book, indeed.

0:50.0

It's called The Fiat Standard, the debt slavery alternative to human civilization.

0:55.7

It is going to take the analysis of the Fiat money regime

1:00.9

into places where you never imagined it could go.

1:04.0

But in this first of two episodes with Safadine,

1:07.3

we're going to talk about more or less purely the economic angle

1:11.2

involved in Fiat money.

...

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