Hey Chris! Great show! Regarding the age vs gold standard stuff, I more or less agree with you, I just see it a little differently. Instead of time since 1971, I think of it as “time spent on a fiat system”: They blow up 100% of the time, so the longer one goes, the more messed up and prone to failure it is. Going off the gold standard allowed for more creative ways to keep the charade going.
Also, consider the incentives of fiat. It basically incentivizes everyone to buy up all the resources as quickly as possible. The longer you hodl dollars, the less you get when you spend. Of course people are going to buy up and hoard all the scarce assets they can, it makes for better money than the money!
We live in a clown world, I swear. 🤡
Keep the excellent Bitcoin content coming! I loved the bonus ep! I’d happily pay for bonus conent again. ❤️
https://fountain.fm/episode/NYnqsqd7mDA2Irs4UdTp
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