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Jason Hartman welcomes Robert Breedlove, host of The "What Is Money" Show for a great discussion about fiat money, the gold standard, market manipulation, inflation and of course, Bitcoin - the digital gold and decentralized currency of the people. Bitcoin was released at a time when nothing like it existed. This "immaculate inception" of Bitcoin is essential to its decentralization and to its existence as the one asset in the world that is as Robert puts it, "immune to everyone's opinion."
Key Takeaways:
4:23 What is money?
6:25 The first economic surpluses, trade and division of labor
10:31 Specialization of labor, the gold standard as a measure of value and market price discovery
14:22 The United States rewrote the international banking order to suit its own interests
16:20 Check out wtfhappenedin1971.com, Bitcoin - fix the money, fix the world
17:10 Dr. Saifedean Ammous and The Bitcoin Standard
19:26 Time preference, value of money, inflation and interest rates
21:25 Misallocation of capital through currency debasement, distorted price signals and economic recessions
22:57 Why mass inflation is still a threat to rich countries
29:16 Join The Collective
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