222. Central Banking Works

[@iand3028]

I thought for a moment that Saifedean had been paid a visit from the boys! Glad I stuck with it 🏦...

[@DeoVolente444]

Keep pumping content Saif, people need to be informed

[@MultiHinrik]

It's funny how property rights and opportunity costs are usually inseperable yet there is one exception which are central banks. Economic calculation is impossible without opportunity costs.

[@vicinityfpv1932]

Great presentation. However, PLEASE consider using dark mode for slides. White text on a grey background is so much easier on the eyes. Black text on a white background makes sense for books. But with backlit displays, it damages vision.

[@markpalmer8083]

Wear some sunglasses, if your eyes are so sensitive. It's a matter of personal preference.

[@tomaspecl1082]

TLDR: central banking works well for central bankers :D

[@wasdwasdedsf]

cause its not like 95% of every country ever existed have destroyed themeslves or anything ? it would have worked even better for even themselves if they didnt destroy the country

[@nicholasscholten4838]

That book us one tough read. I think I made it through about 80 pages.

[@marleyhaki3566]

Wonderful free Education

[@StudyBitcoinwtfhappenedin1971]

Valuable for the world, thanks man

[@aslkdjfzxcv9779]

always goid to keep people on their mental-toes.

[@stephenburns433]

thank you

[@christinewillis7545]

This is the first time I've listened to you Saifedean. I must be really dumb. I knew that Federal Reserve Bank was privately owned. You say that ALL Central banks are privately owned. Can you direct me to where this can be verified please.

[@formetoknow540]

The world trade and international trade is in usd backed by war

[@tomaszsurdej8294]

MISES-ROTHBARD LESSON - LWÓW-WARSAW SCHOOL OF MATHEMATICS AND ECONOMY (Lange and Kalecki are the heretical cousins of our intellectual tradtion) I was hungry today morning. I wanted meat, spefically beef. I remembered today is a fasting day for Catholics as it is the Wednesday after Pentecost. I asked for tofu pad thai ready to pay 26 zł for a plate. They said they don't sell pad thai until 12.00. I looked at my wallet and said at the buffet - give everything you have for 12 zł, then 10 zł. Then I took the plate, sat down, ate a bite, and after one bite, I said I had eaten too much. I needed 1 zł of meat, yet at 10 am I thought I needed a 400 g plate of pad thai. See how religion affects the economy?

[@eanerickson8915]

Central banks are ok. quantitative easing and too big to fail is wrong.

[@adammontgomery7980]

To the last guy; buy the real estate. It's tangible, stable, will provide cash flow, and will never go to zero.

[@LoloLovesLife]

I'm 5 minutes in and I'm very confused.

[@reallyshel]

How about now

[@tomaszsurdej8294]

35:52 - What good is real estate, if you don't make money off it. Are you a farmer, that you know how to make natural welfare? Because Bitcoin is the cyber welfare benefit.

[@farisalthibani1270]

No it doesn't Saif.

[@adammontgomery7980]

He's saying it works...for the people who own it.

[@TheBrianna4555]

Guy who didn’t watch the video has an opinion based on the title. Don’t vote and don’t have kids. You’re deeply unimpressive.

[@tomaszsurdej8294]

I think Bitcoin is lichwa/leehva. In one of two liturgical languages of my region - Lesser Poland - we call usury lichwa. All the Slavs call it lichwa. I can't believe that it is anything besides the rehypothecated credit contracts behind the American credit card business. adwokat Tomasz Surdej - bar of Kielce, Poland.

[@tomaszsurdej8294]

God in His blessing has given Europe rain! Since we survived the three or four farmers, 13th-15th May, God has blest us with rain! Now convince why I should buy Bitcoin instead of cherries and plums in June - because I value cherry liquor over Bitcoin. Convince that the Benutzungwert of the cherries from the hands of the local Jews is/isn't greater than Bitcoin.. God, give me money to buy cherries and plums all three months of the harvest season! adwokat Tomasz Surdej - bar of Kielce, Poland