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Saifedean Ammous - The Fiat Standard: The Debt Slavery Alternative to Human Civilization

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Saifedean Ammous The Fiat Standard: The Debt Slavery Alternative to Human Civilization
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The Fiat Standard

The Debt Slavery Alternative to Human Civilization

Saifedean Ammous


copyright 2021 saifedean ammous All rights reserved the fiat standard - photo 1


copyright 2021 saifedean ammous

All rights reserved.


the fiat standard

The Debt Slavery Alternative to Human Civilization


isbn 978-1-5445-2647-8 Hardocver

isbn 978-1-5445-2645-4 Paperback

isbn 978-1-5445-2646-1 Ebook


To my mother, sister, brother, and grandparents

Contents

About the Author

Saifedean Ammous is a world-renowned economist and author of The Bitcoin Standard: The Decentralized Alternative to Central Banking , the definitive and best-selling book on bitcoin, translated to 25 languages. He is also the author of the forthcoming textbook Principles of Economics . Saifedean teaches courses on the economics of bitcoin, and economics in the Austrian school tradition, on his online learning platform Saifedean.com , and also hosts The Bitcoin Standard Podcast .

Supporters

The author dedicates this book to the following readers who supported the self-publication of this book by preordering signed copies. Your support and interest are the reason that I write!

60e75d5207d67cef0b16cea187be29f3c97b80cec30420427187892f4f004a4c, A. Milenkovic, A.W. Steinly, Aaron Dewey Olsen, Abdullah Moai, AceRich2020, Adam Miller, @Adelgary, Afsheen Bigdeli, gst Ragnar Ptursson, Akihiko Murai, Alberto Toussaint, Alex Bowe, Alex Chizhik, Alex Gladstein, Alex Toussaint, Alexander Tarnok, Ali Meer, Alistair Milne, Amber D. Scott, Amelia Alvarez, Amine Rahmouni, Andrs M. Toms, Andrew K Sloan, Andrew Masters, Andrew P Hickman, Andrew W. Cleveland III, M.D., Andrewstotle, Andy Goldstein, Andy Holmes, Angelina Franklin, Anonymous, Antoni Taczanowski, Antonio Caccese, Armand Tuzel, Arvin Sahakian, Arxnovum Investments, Askar Kazhygul, Avtarkaur Sachamahithinant, Chaivit Sachamahithinant, Sujitra Sachamahithinant, AZHODL.com, Baron Bloe, Bartosz Granowski, Basem Jassin, Ben Davenport, Benoit Fontaine, Bert de Groot, Bill Daniels, Bill Sousa, @BitcoinIsThePin, bitcoin-schweiz.ch GmbH, bitcoinsverige.org, BklynFrank, Braiins & Slush Pool, Brandon Nabors, Bret Leon Lusskin Jr., Brett Bondi, Brian Lockhart, Brian Bilnoski, Brian Fisher, Brian L. McMichael, Britt Kelly, Browning Hi-Power 9mm, Bryan Boot, Bryan Hennecken, Bryan S. Wilson D.O., C&H, C4R3Bear, Carlos Octavio Chida Surez, Cedric Youngelman, Chad Welch, Chafic Chahine, Charles Ruizhongtai Qi, Chiefmonkey, Chris Rye, Chris Vall, Christian Cora, Christof Mathys, Christophe Masiero, Christopher Chang, Christopher S. Widger, CJ Wilson, Central Valley Bitcoiners, Clancy and Joe Rodgers, Clayton Maguire, Colin Heyes, Conscious Money Creators, Craig McGarrah III, Craig S Smith, D. Akira Ulmer, Dan Carman, Dan J, Dan Skeen, Daniel Carson, Daniel G. Ostermayer, Daniel Marulanda, Daniel Oon, Darin Feinstein, Darin Wilmert, Dave Burns, David Adriani, David B. Heller, David Barry, David Bryson, David Carre, David and Shauna Jeffries, David Love, David McFadzean, David Strimaitis, Decrypted LLC, Dennis Eibel, Dennis Kohler, Derek Sheeler, Derek Waltchack, Dick Trickle, Dicka, Dmitriy Molla, Doug Devine, Doug Hemingway, Michael Milmeister & the Stormrake team @stormrake.com, Dr. And Mrs. Douglas M. Moeckel, Dr. Paul Essey, Dustin Dettmer, Dylan Hedges, Dylan Wettasinghe, Ed Becker, Edgar R Tapia Gonzalez, ElCapitan, Eliah van Dijk and Anas van Dijk, Elias Andalaftco-founder Webempresario.com, Elio S. Fattorini, Emmanuel Azih Jr., Eric Dosal, rick Zazueta vila, Eugen Zimbelmann, Evangeline and Jacob, Fabian, Fabian Brger, Fadi Mantash, Felix L., Filip Karaorevi and Danica Karaorevi, Filipe Neves, Frank Acklin, Frank T. Young, Frederick DMello, G Charles Harrison, Gabe C., Gabriele gurgamezcla Gussoni, Gal Giusti, Gareth Hayes, Gary Lau, @gauchoeddy, Gerard N, Gerd Ldtke, Gert Kleemann, Gina Jaramillo, Giuseppe Bueti, Glenn T., Gordon S Greer, Greg and Joy Morin, Gregory Zajaczkowski, Hadi, Harvinder Singh Sawhney, Hashim Elmegreisi, Hendel Bouchelaghem, Henry Gonzalez, Herman Vissia, Housam Majid Jarrar, Hugh Fowler, Hunter Hastings, Imre Michalsky, Isabella V. Fernando, Isaias De Leon, Isandi, J Dixon, J Flow, J. Kevin Coffin, J. Woods, J.M.B., Jack Heitger, Jacob Boyer, Jacob Cherian, Jakob Kucharczyk, James DelGuercio, James Harris, James Ian Thompson, James Machado, James McCoy, James Sutherland, James Swinhoe, James Viggiano, Jan W.F. van DortMaster in digital currencies, Janajri Family, Coinbits Team, Jarod M. Bona, Jasper de Trafford, Javier Gil, Jay Chin, Jeff and Beth Ross, Jeff Aurand, Jeff Bennett, Jeff Packard, Jeff Smith, Jeffrey S. Van Harte, Jeffrey Poppenhagen, Jeffrey Williams of ILA Local 1654., Jeremiah Albright, Jeremiah James, Jeremy Cooper and #TeamCooperOhana, Jeremy Showalter, Jerrold Randall, Jerry Aguirre, Jez San, Jimmy Weaver, @JMFM_89, Joachim B., Joe Rubio, Johan M. Bergman, John Brier, John Brown, John Connor, John Dixon, John Jolly, John Mcmillan, John Silvestro, Johnathan Ly, MD, Johnny, Johnny Walsh, Jon Tan Ling Peng, Jonas Konstandin, Jordan Friedman, Joris Kemperman, Joseph Anthony Debono, Joshua D A Vincent, Justin Won-Jun Kim, @k9ert, Kami Niles, Kapitein Geweldig, Kenny G, Kenny Mayerhofer, Kenton Ralph Toews, Kevin McKernan, Kevin Sang, Kevin Wesley Avent, Kim van Nie, Kota Kojima, Kristian Kolding, Kristian Wiborg, Kyle and Rachel Ford, Lapo Pietro, Roberto Masiero, Laura Ann Feathers, Leeron Galimidi, Lennart Zahn, Leon Lawrence Stubbs, Les DeFelice, Lexbury, Liam Birch, Lincoln Liu, Lisa Cheng, Lloyedkoh, Loay Malahmeh, Locky McWilliam, Louferlou, Louis B, Lowina Blackman, Luis C. Alonso, Luis Rivera, Lynley Pillay, Maciej Kazimieruk, Manu Beuselinck, Marco Bhler, Marco Giangiulio, Marius Reeder, Mark Ioli, Mark Moss, Mark Mulvey, Mark Rodney Gardner, Mark Simonson, Mark W Roen, Markus Lindgren, Marquie Mosley, Marquita Robinson-Garcia and DVINITI Skin Care, Marshall Long, Martin Brochhaus, Martin Roberto Richmond CFA, Mathew OKeefe, Matija Grlj, Matt yabapmatt Rosen, Matt Maiuri, Matt Moran, Matt Sellitto, Maurice and Jeanne Schutte, Max, Max Guimares, Maxon LaForge, Mazhar Memon, Michael Atwood, Michael Baker, Michael Byrne, Michael Fink, Michael Goldstein, Michael Harris, Michael Jonsson, Michal Duska and Roman Filipoiu, Milan Radojicic, Mina Eklad, Mischa Zed, Mitchel Edwards, Mitchell Kennedy, Mohammad Nauman, Money Phlow pty ltd, Mr. W. B., Nader S Dahdaleh, Nadir Seha Islam, Sibel Karakurum, Nazir Cihangir Islam, Nathan Mahaffey, Nathan Olmstead, Neal Nagely, Nicholas Sheahan and Martina Marcinska, Nick Karadza, Nick Ligerakis, Nicols Ahumada, Nicolas Cage, Noor Elhuda El Bawab, Olly Stedall @saltedlolly, Omar Ruiz Geronimo, Omar Sabek, Omran Kaskar, Paige Webley, Pan Dermatis, panaccoman, @panicbuyingbtc, Panties for Bitcoin, Pantiesforbitcoin.com, Paolo Illing, Pattaravut Maleehuan, Paul I. Sung, Paul John Gaston, Paul Rylands, Paul Trentham, Pedro Brannum, Pei-Hsun Kao, Per Treborg, Perry Hester, Pete Cochran, Peter & Carren Egyed, Peter Francis Fenwick, Petr alud, Philip Guncill, Phillip Byrne, Pierre Alessandro Gmeiner, Pieter N., Pieter Voogt, PtAd, pij, pijankengur, Piotr Krzak, Piriya Sambandaraksa, Raj Shreyas Padliya, Rajan Sohal, Rauderce O., Rami Korhonen, Raven de la Cruz, Ravi Sohal, Red Pill Songs, Reina Bitcoin, Richard and Gigi, Richard Wiig, Richard Yu, Rick Pauw, Rickie Chang, Rijk Plasman, Rits Plasman, Rob (SATJ) Clark, Robert Alan Koonce, Robert B. Ferraro, Robert Del Riego, Robert Mearns, Robert Schulman, Roberto Costa Ramalhete, Roberto De Leon, Robin Thirtle, Rodolfo Novak (NVK), Rodrigo Gualberto, Roman Engelbrecht, Roman Filipoiu, Rory Orr, Rosa Jara, Rosie Featherby, Ruben Waterman, Ruslan Kuvaev, Russ, Rustin Watt, Ryan Anthony Williams, Ryan Blair, Ryan C Wilhoit, Ryan Cole, Ryan Jordan, Ryan Niles, Ryan Rinaldo, Ryan W. Slot, Sachin & Manavi Sharma, Samuel Claussen, Samuel Rufinatscha, San Family, Sanjay Srivatsa, Satoshis Domains, Scott C. Morgan @BtcVires, Scott S. Manhart, DDS, MS, Scott Schneider, Seb Walker, Sebastian Liu, SensibleYapper, Sergio Ruocco, Shakti Chauhan, Shao-Hsuan Kao, Shaun Thomson, Sheldon Friesen, Shire HODL, Shone Anstey at LQwD Fintech, Shone Sadler, Siim Mnnart, Simon Ree, Simona Macellari, Stacy, Stefano DAmiano, Stephan Livera, Stephen Cole, Stephen Saunders, Steve and Paige Crozier, Subhan Tariq Esq., Tammy Fuller, Tarek, Tariq Al Muhtassib, Tarun K Chattoraj, The Goodspeed Family, The Stormrake team @stormrake.com, The Yingling Family, Thomas Hartland Mackie, Thomas Jaeger, Thomas Jenichen, Thomas Shelton, Tim Y., Tinoosh Zand, M.D., Tipton Cole, Tom G., Tom Karadza, Torstein Habbestad, Tyler W. Thornton, U.C.J., Esq., Mrs. Vicky Essey, Victor Goico, Vijay Boyapati, Vince Oscar Benitez, Vincent en Daan, Vinicius Kenji Hashimoto, Wallet of Satoshi, Wayne Keith (@SatoshiPrime_io), Wesley Brockman, William J. Blehm, William Johnston, wiz, Yorba, Zac Woods, Zach Herbert, Zachary Hollinshead, Zafer zkavlak, Zane Pocock, Zsurka Zoltn Andrs

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