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Slo Mo: A Podcast with Mo Gawdat

Yanis Varoufakis - What Does a Fair and Equal Society Actually Look Like?

Slo Mo: A Podcast with Mo Gawdat

Mo Gawdat

Business, Health & Fitness, Mental Health, Relationships, Society & Culture, Change, Google, Slo Mo, Anxiety, Meditation, Mo Gawdat, Solve For Happy, Happiness, Education, Scary Smart, Self-improvement, Depression, Self Improvement

4.91.1K Ratings

🗓️ 22 January 2022

⏱️ 77 minutes

🧾️ Download transcript

Summary

Today's guest is Yanis Varoufakis, the world renowned economist, member of the Hellenic parliament, and former Greek finance minister who’s been called the “rockstar politician who took on the EU.” This was an absolutely mind blowing conversation, and I recommend approaching it like the most enlightening and enjoyable economics class you'll ever have.You may have noticed a bit more politics on the show recently (see Mark Gober, episode 172). This isn't a coincidence. The world is waking...

Transcript

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0:00.0

I am so glad you could join us. I'm your host Mo Gaudet. This podcast is nothing more than a conversation between two good friends sharing inspiring life stories and perhaps

0:16.3

some nuggets of wisdom along the way.

0:20.3

This is your invitation to slow down with us.

0:25.7

Welcome to slow more. It must have been in 2006, 2007, sometime when YouTube started because I remember I saw it on YouTube that I saw a documentary that was called

0:47.5

the Ascend of Money.

0:49.4

If you look for it now, you probably may not find it. But at the time, until then I was constantly buying

0:59.0

into the capitalist model, if you want, of money is good, more money is better.

1:06.0

You can make money, you can invest money, you can grow your money.

1:10.0

And that

1:15.0

because of the documentary was called The Ascend of Money basically said money doesn't actually exist.

1:17.0

That because of the ability for banks to print money on demand, you're chasing something thinking that it has

1:25.8

value, but it really has almost no value at all. It's constantly inflated and accordingly it reduces its value over time and

1:37.7

While you have to labor for it for years others can literally create it as a few numbers on a spreadsheet.

1:46.1

2008, though, the economic crisis, Greece was the center of the focus of the finance world.

1:54.8

Greece as a country went bankrupt.

1:57.4

And it really, really struggled.

1:59.6

I worked at Google at the time,

2:02.2

and I worked with Greece closely and at the time I think one of every two people were out of a job.

2:08.0

It was a very tough time and there was a minister of finance that became honestly, as he was called a rock star politician who took on the European Union. Janice Varu-Fakis. Janice Varu-Fakis, he's a professor of economics

2:30.1

at the University of Athens and the author of many many best selling books you know non-fiction on the topic of economics and he simply

2:40.9

refused to sign he was the center of the news around the economic crisis with his

2:46.7

country attempting to be bailed out and organizations that such as the IMF and

...

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