Saifedean Ammous: Why Capitalism is Good & We Don't Need Inflationary Money! 🚫🖨️💵

In 2018, Ammous authored The Bitcoin Standard: The Decentralized Alternative to Central Banking, the best-selling book on Bitcoin. In 2021, he published The Fiat Standard: The Debt Slavery Alternative to Human Civilization. His latest book is Principles of Economics, a comprehensive textbook in economics in the Austrian school tradition. In 2023, he became the economic advisor of El Salvador.

Saifedean Ammous is an internationally best-selling economist and author, and hosts The Bitcoin Standard Podcast. In the episode we discuss:

- Saifedean's newest book: The Principles of Economics
- What is capitalism and why is it good?
- How much money an economy needs
- Time preference and societal values
- Bitcoin and the evolution of monetary technology

TIMECODE:
00:00 - Swan Bitcoin, Bitcoin 2024 promos
02:14 - Motivation to write "Principle of Economics" textbook
06:42 - Money is emergent
15:25 - Importance of the business cycle
31:37 - Fold debit card, Coinkite promos
33:07 - Capitalism
44:48 - Bitcoin unites
54:16 - Technology, money and morality
58:53 - Crowdhealth, Orange Pill App
1:00:24 - Bitcoin is the answer
1:07:41 - Role of government
1:22:38 - Politicians vs. royalty

Original Video by Natalie Brunell: https://www.youtube.com/watch?v=PhKXneIMA_4

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