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Government cash standard (fiat)

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Split in 4 payments of SAR 11.50. No interest. No late fees.Learn more
Split in 4 payments of SAR 11.50. No interest. No late fees.Learn more
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Overview
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ISBN 139786035094672
Book SubtitleThe best alternative to slavery for human civilization
PublisherObeikan Publishing
Book DescriptionIn his book The Fiat Standard, world-renowned economist Seif El-Din Ammous applies his unique analytical lens to the fiat monetary system, explaining that it is a feat of engineering and technology, just as he did with Bitcoin in his bestselling book The Bitcoin Standard, but (Ammous), this time, delves deeper into the transformation. the world's former from the gold standard to today's government-backed fiat money system, outlining the purposes and failures of the fiat standard; extracting the broader economic, political, and social implications of its use and examining how Bitcoin has affected them over time. With his keen insight, Amos analyzes global political currencies by analogy with Bitcoin: how it is mined; And whenever government-guaranteed entities originate loans, so too does its inherent lack of restraint on inflation, and pervasive government intervention has led to serious, destructive, and persistent distortions of global markets for food, fuel, science, and education. Through these comparisons, Ammose shows that bitcoin could be our next step forward - providing high salability across space - just like fiat, but without debt denominated in unregulated securities. Instead of a chaotic hyperinflationary crash, The rise of bitcoin could look like a debt jubilee and an orderly upgrade to the world's monetary operating system, revolutionizing global capital and energy markets. Seifeddin Ammous, a world-renowned economist in his field, is the author of The Bitcoin Standard - The Decentralized Alternative to Banking Central, the best-selling book on Bitcoin, has been translated into 25 languages. He is also the author of the forthcoming textbook Principles of Economics. Saifuddin offers courses on Bitcoin economics and economics on the Austrian School track on his online educational platform Saifedean.com, and hosts his webinars on The Bitcoin Standard Podcast.
LanguageArabic
AuthorSeif El Din Ammos
Edition Number1
Publication Date2022
Number of Pages400

Government cash standard (fiat)

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