Ep. 2071 Fiat Money: Its Damage Goes Beyond Economics

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.8 • 3.3K Ratings

🗓️ 25 February 2022

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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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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