The Fiat Standard – Digital Book

The Fiat Standard: The Debt Slavery Alternative to Human Civilization Author: Dr. Saifedean AmmousPublisher: Saif HouseFormat: Digital BookPublished: 2021 In The Fiat Standard, world-renowned economist Dr. Saifedean Ammous applies his unique analytical 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. The perfect companion to The #Bitcoin Standard. https://t.co/EfpnIHpChB — Michael Saylor⚡️ (@saylor) May 17, 2022 This time, Ammous 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 examining how bitcoin will affect it over time.With penetrating insight, Ammous analyzes global political currencies by analogy to bitcoin: how they're "mined" whenever government-guaranteed entities create