The Fiat Standard: Debt Slavery Alternative to Human Civilization

Really enjoyed this book. Offers compelling insight into how fiat economies came about and the subsequent effects that the transition to fiat has had on many different aspects of society such as education, food quality, science, and more.Good quality print, too.

If you read only two books on economics and money, it should be The Bitcoin Standard, and this sequel, The Fiat Standard. This is a two-book master class on economics, money, and how governments destroyed them for their own gain - at your expense.You'll get a little background history here (but more in his first book), as he traces the path to today's bubble waiting to explode. Then the chapters on how fiat money has enabled terrible health, bad energy policies, destruction of social relations, etc., is a priceless and eye-opening discussion. If this doesn't impress upon you how important it is to understand and get her head out of the sand, nothing will.The devaluing of money, the constant "printing" of currency, has made us unwitting slaves to system that claims to be democratic. On the surface, maybe it is, but when you realize what the elite have done to your wealth and earnings, you never support the status-quo again.

The Bitcoin Standard, The Fiat Standard and Principles of Economics ....a great trilogy!

If you thought the world's reserve currency was bad, just wait until you read this. Just about everything wrong in society today can be traced back to easy money. Everything from junk food to modern art, it's all propped up by the US dollar. Highly recommend

After reading the Bitcoin standard this was a great reflection about the fiat system.Well written and easy to underatand. This should be your fiat 101!

This is a MUST read for anyone and everyone who is disillusioned with the current trend of increasing government control over money printing, inflation ‘statistics’, your freedom of thought and expression, and most importantly, your wealth preservation for you and your children and grandchildren.It was an extremely enlightening and understandable view (I’m an engineer) of how FIAT money works now, how it came in to being, and how it has eroded wealth for everyone except the bureaucrats who control the printing and their already established cronies in the banking and investment areas. BTC is simply a moral and ethical imperative, to eliminate war and violence and bring economic opportunity to the creative, the independent, the under privileged, despite the possible risks involved in moving in that direction. BRAVO Saifedean!

I have ready many hundred serious, educational books over the years. Saef Ammous's two recent books, The Bitcoin Standard and The Fiat Standard would rank in my top 3%. Read them with your eyes or hear them with your ears: They not only will show you that Bitcoin is an invention that ranks with the invention of the wheel, the printing press, and the Internet: Bitcoin has the potential to drastically improve at least 95% of all aspects of life and society. The 20th Century was the century of fiat currency -- government printing of basically counterfeit money in lieu of taxes that citizens would never agree to -- and the century of growing oppressiveness of government, horribly bloody wars, and general collapse of Christian values. These books together show that fiat currency is near the root of all that was bad in the 20th Century, and that Bitcoin can be the way back to quality and sanity in the 21st Century and beyond

The Fiat Standard evaluates how government/elite corruption through monopoly control of the monetary system over the last century has decimated the industries of modern research/acedemia, innovation, food production, energy production, personal savings, and the development of other nations. It will open your eyes. The author went just a little too far on the perfection of meat, but the processed food bashing was well deserved.Overall I enjoyed this book even more than the Bitcoin Standard.I would also recommend pairing with “Inventing Bitcoin” (very short), and “The Creature From Jekyll Island.”Becoming aware of the blatant government/elite corruption that you are not taught in school is definitely worth it.

Saifedean is a master at explaining economic concepts in digestible format for all readers. His ability to think in first principles and describe the functions of our modern economy is second to none.I found this book incredibly insightful and well constructed. This book is a textbook. I’ve been taking notes and I’ll take the time study them then to get a full understanding. Thank you for your time and research that went into writing and publishing.

I highly recommend it. I had big expectations, after reading his first book The Bitcoin Standard, and I could be more satisfied . Nobody can teach and explain Bitcoin then Saifedean. Bitcoin is not a Technologic revolution, it is a economic revolutions, and both Book will teach you more about economic than you expect.Very well written, it is easy to understand but in the same time complex and it give you all information you need to understand the times we are living in and how BTC is the hope we have to change the wolrd.Well done Saifedean , I really enjoy it!

Lectura obligada, aún si no has leído The Bitcoin Standard

Bom livro, difícil encontrar em lojas físicas uma vez que está esgotado em todo o lado. Para além disso o preço é ótimo tendo em conta que é de capa dura.

Saifedean Ammous provides in this book clear explanations about the FIAT currencies and their predictible perspectives. While using economical concepts, the book remains simple and accessible for all readers. It's a book that should be read by people with limited understanding of economics, but also to those who studied economics because the content is not what is taught in the Universities.I recommend this book, although if your time is limited, I would rather recommend you the Bitcoin Standard by the same author.