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The Tom Woods Show

Ep. 2071 Fiat Money: Its Damage Goes Beyond Economics

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.83.3K Ratings

🗓️ 25 February 2022

⏱️ 56 minutes

🧾️ Download transcript

Summary

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.

Transcript

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0:00.0

The Tom Wood Show, Episode 2071.

0:03.4

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

0:07.9

Your daily dose of liberty education starts here.

0:11.5

The Tom Wood Show.

0:13.4

Folks, if you're like me, when you criticize the Federal Reserve, you get all these lackey

0:18.5

style responses.

0:20.3

Why the Fed has made the economy more stable?

0:22.8

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

0:25.6

All kinds of arguments like that.

0:27.1

Well, you can blow those and others out of the water with my free ebook, Our Enemy,

0:32.2

the Fed.

0:33.2

Grab it at ouranemythefed.com.

0:35.6

Hey, everybody, Tom Woods here, and Safedina Moose is back with us again today.

0:40.9

We're going to continue our conversation about his book, The Fiat Standard, The Death

0:45.2

Slavery Alternative to Human Civilization.

0:48.0

So, we're going to continue a little bit on the economic angle, but then dive straight

0:52.7

in to other topics, and we'll see how many of them we can get to, but my gosh, that table

0:58.8

of contents is just full of things you're dying of flip to.

1:02.6

So again, I cannot recommend this book highly enough.

1:05.5

Safe, welcome back.

1:06.5

Hey, Tom.

1:07.5

Thank you for having me again.

...

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