
292. The Fiat Standard Lecture 11: Fiat States
By Dr. Saifedean Ammous
Aired Sep 23, 2025 · 1h 2m · Last boosted Sep 28, 2025
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The Fiat Standard Lecture 11: Fiat States shows how fiat exports inflation via reserve currencies, swaps market discipline for IMF/World Bank debt traps, bailouts & central planning, limits capital flow, increases poverty & turns development into a misery industry. You can buy the hardcover, ebook or audiobook in several languages on saifedean.com/TFS, where you can also find the full lecture notes available for free download. You can also take the rest of Saifedean's courses by signing up to a membership on saifedean.com/membership
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