The Fiat Standard by Saifedean Ammous is a deep dive into the world's monetary system, exploring the shift from the gold standard to government-backed fiat money and the implications of its use. Ammous compares global political currencies to Bitcoin, exploring the lack of inherent restraints on inflation and the heavy government intervention that has distorted global markets. He suggests that Bitcoin could provide a debt jubilee and an orderly upgrade to the world's monetary system, revolutionizing global capital and energy markets.
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