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137. Clown Continent

What on earth is going on in Europe and how did things get so bad? In this seminar, we discuss the double calamity of skyrocketing energy costs and plummeting pensions and currencies. While high time preference fiat media obsesses over the latest scapegoats, we look into the long-term drivers of these two problems: Decades of green hysteria leading to dismantling of reliable power sources & underinvestment in reliable power generation. And decades of Keynesian dogma convincing the people whose pensions are being destroyed their government can pay for everything at no cost. Does the UK really need to spend 10% of its GDP on public healthcare? What exactly is it about medical care that makes it have to be so expensive and always getting more expensive? Could it be the endless government financing?  How bad would truly private healthcare be really?

Resources

You can take part in podcast seminars, access Saifedean’s courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming book, Principles of Economics, by becoming a Saifedean.com member. Find out more here.

Podcast / Episode details

347. The Bitcoin Standard Course - Launch Lecture

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347. The Bitcoin Standard Course - Launch Lecture
347. The Bitcoin Standard Course - Launch Lecture
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About this episode.

The Bitcoin Standard Podcast

Public episode

Saifedean revisits The Bitcoin Standard almost ten years after writing it. The first lecture covers the prologue: Bitcoin’s origins, how it gained value, and why it is digital cash and digital hard money.

Watch the lecture and follow the series on The Bitcoin Standard Course page.