How Understanding Economics Is The Key To Understanding Almost Everything | Saifedean
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Timecodes
0:00 Intro
1:47 Who Is Saifedean?
3:59 How Do You Teach Your Students?
7:29 Traditional Teachings vs Austrian
17:15 Summary of The Two Teachings
22:05 Debasement That Sparked The Britain Collapse
25:47 Neutral Reserve Asset Returns?
37:56 How Long Will The 1971 Experiment Last?
43:26 The More Innovation, The More Hope We Have
51:04 When Does Fiat End, and Sound Money Wins?
59:31 Saifedeans' Most Influential Heroes
01:01:08 Where To Find Saifedean
01:02:33 Outro
While many people today think they're not into economics, and money, and listening to all of this — what few don't realize is that economics is
at the foundation of everything in our life. It permeates every area of our life, including science, health, politics, and every other area.
The understanding the basics of economics is the key to unlocking the understanding of all the other subjects.
So today I invited a good friend, someone I'm excited to talk to. He's the author of a great book I recommend for all of you to read. We dig into economics, and how it's that foundation for the rest of everything. What is at the root of that, and the two different camps in economics, how they're at odds with each other, and how one camp has driven all the policy of the developed world, and so much more.
Let's go ahead and jump into it.
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Book Mentioned: https://saifedean.com/the-fiat-standard/
Website: https://saifedean.com/
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