The Fiat Standard: The Debt Slavery Alternative to Human Civilization indir odf
itibaren Saifedean Ammous
Kitap açıklaması
In The Fiat Standard , world-renowned economist Saifedean mous applies his unique ytical lens to the fiat monetary system, explaining it as a feat of engineering and technology just as he did for bitcoin in his global bestseller The Bitcoin Standard . This time, mous delves into the world's earlier shift from the gold standard to today's system of government-backed fiat money-outlining the fiat standard's purposes and failures; deriving the wider economic, political, and social implications of its use; and exining how bitcoin will affect it over time. With penetrating insight, mous yzes global political currencies by ogy to bitcoin: how they're "mined" whenever government-guaranteed entities create loans, their lack of inherent restraints on inflation, and the rpant government intervention that has resulted in heavy, devastating, and persistent distortions to global markets for food, fuel, science, and education. Through these comparisons, mous demonstrates that bitcoin could be our next step forward-providing high salability across space, just like the fiat system, but without the unchecked fiat-denominated debt. Rather than a messy hyperinflationary collapse, the rise of bitcoin could look like a debt jubilee and an orderly upgrade to the world's monetary operating system, revolutionizing global capital and energy markets.
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