Saifedean Ammous, Economic Advisor of El Salvador - Lex Fridman Podcast #284 🗣️💵🪙

Austrian economist and author Saifedean Ammous sits down with Lex Fridman to explain Economics, Inflation, Sound Money, Bitcoin, Freedom and Anarchy. This is a 4 hour Podcast, so buckle up.

Ammous authored The Bitcoin Standard (2018), The Fiat Standard (2021), and Principles of Economics (2023).

OUTLINE:
00:00 - Introduction
01:33 - Money
14:38 - Gold standard
27:49 - Collective hallucination
33:39 - Austrian vs Keynesian economics
1:06:00 - Free market
1:22:29 - Monarchy
1:28:03 - Fiat money
2:14:53 - SWIFT system
2:27:43 - Bitcoin
2:34:00 - Satoshi Nakamoto
2:41:44 - Criticisms of Bitcoin
2:56:56 - Football/soccer
3:00:38 - Criticisms of Bitcoin continued
3:10:57 - Bitcoin Maximalism
3:23:20 - Proof of stake
3:40:26 - Central bank digital currency
3:51:39 - Michael Malice
3:53:52 - Advice for young people
4:00:01 - Palestine
4:11:40 - Mortality

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