Can I read The Fiat Standard : the Debt Slavery Alternative to Human Civilization on EtoBox?

The Fiat Standard : the Debt Slavery Alternative to Human Civilization by Ammous, Saifedean; Ammous, Saifedean; Swann, Guy is a business book available to read on EtoBox.

What is The Fiat Standard : the Debt Slavery Alternative to Human Civilization about?

The Fiat Standard is Saifedean Ammous’s attempt to explain the technology behind the current analog global monetary system. Similar to how The Bitcoin Standard explained the functional essence of bitcoin and its potential social and economic implications, this book examines twentieth century monetary technology and explains its benefits and drawbacks, and its many modes of failure. The origin of government control of money came from the limitations on the spatial salability of gold, which required its centralization. The political control over central banks became effectively as good as gold in the central bank, because the gold could not be used for global trade without the political control supervising it. The intermingling of political authority and monetary media in central banks led to the conflation of money and government credit, and the widely-held misconception that credit can play the role of money satisfactorily. But such a system cannot survive the test of the market, and it has had to be enforced by government decree, or fiat, under pain of violence. Like any violent intervention in the market, this one has had consequences. As fiat has formalized and legalized the mon

Who reads The Fiat Standard : the Debt Slavery Alternative to Human Civilization?

Author

Ammous, Saifedean; Ammous, Saifedean; Swann, Guy

Publisher

The Saif House

Published

2021

Language

EN

ISBN

9781544526461

Category

business

Subjects

Economics, Business, Finance

Rating

4.7 / 5 (828 ratings)

Updated

2026-03-14