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

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

"In The Fiat Standard, world-renowned economist 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. 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 loans, their lack of inherent restraints on inflation, and the rampant government intervention that has resulted in heavy, devastating, and persistent distortions to global markets for food, fuel, science, and education. Through these comparisons, Ammous 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 collaps

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

Author

Ammous, Saifedean

Publisher

The Saif House

Published

2021

Language

EN

ISBN

9781544526454

Category

business

Subjects

Economics, Business

Rating

4.7 / 5 (828 ratings)

Updated

2026-03-14