Capitalism & Civilization: Interview with Brian Rose
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- čas přidán 14. 08. 2023
- Saifedean explores the role of capitalism in sustaining civilization, based on the discussion in his new book, Principles of Economics.
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Saifedean’s first book, The Bitcoin Standard:
saifedean.com/thebitcoinstandard
Saifedean’s second book, The Fiat Standard:
saifedean.com/thefiatstandard
Enjoyed this episode? Join Saifedean's online learning platform to take part in weekly podcast seminars, access Saifedean’s five online economics courses, and read his writing, including his new book, Principles of Economics! Find out more on saifedean.com! - Zábava
Thank you for the video, I found out that investing is not for everybody, you just need a strong stomach too see your portfolio go down. It might be wiser for a novice to start with copy trading investing, but it is not easy. To invest in growth stocks it is another level, definitely you need to know what are you doing.
From my own point of view, you need to invest smartly if you need the good things of life. so far i've made over $255k in raw profits from just 6 months into the market from my diversified portfolio strategy and i believe anyone can do it you have the right strategy, mutual funds takes long time but investing smartly is the key for short term. Most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
This is a phenomenal advice for a new stock traders and investors who want that quick short term game, but don't see the light at the end of the tunnel.
I've been solely investing in real estate. But with the recent hyper home pricing i've liquidated a few things and have $45k in cash laying around idle. Would love to get your recommendations, I'm in search of something lucrative in the current crazy markets, i will be glad.
My portfolio is very much diversified so it's not like i have a particular fund i invest in, plus i dont do that by myself. i follow the trades of Mrs Karen Gaye Gray.
She is a popular broker you might have heard of. I can correctly say she's worth her salt as a financial advisor as her diversification skills are top notch, because i see that in her results as my portfolio grows by averages of 10 to 15% on a monthly basis, unlike i can say for my IRA which has just been trudging along, my portfolio just mirrors what she trades and not just on some particular industries of my choosing.
That is great news ! Congratulations on being appointed Economical Advisor to El Salvador by our great President Nayib Bukele.
🎯 Key Takeaways for quick navigation:
04:46 💡 Bitcoin is a tool for freedom and acts as a form of protest against the predatory policies of governments and central banks.
16:03 💡 CPI is an invalid metric for measuring inflation as it does not account for people substituting cheaper alternatives due to inflation.
25:23 💡 The Bitcoin standard provides a parallel universe to the current monetary system, offering true scarcity and protection from currency debasement.
38:39 💡 Universities funded by governments are not focused on providing honest intellectual debate but rather on promoting narratives that support government interests.
46:44 💡 Capitalism is the foundation of civilization, allowing individuals to earn and save money and providing the freedom to make economic choices.
46:57 💡 Economics is about human action and value, and should be analyzed from the perspective of how humans act. Understanding human action is essential for understanding economic phenomena.
51:59 💡 Capital accumulation is the essence of understanding economics, and the foundation of a market economy. It allows for increased productivity and improved living standards.
58:04 💡 Socialism and central planning of capital leads to the destruction of capital and undermines people's ability to improve their living standards. It is the true threat to capitalism and civilization.
01:04:17 💡 The critique of socialism lies in the calculation problem, as centrally planned economies cannot allocate resources efficiently or determine the best uses of capital.
01:20:43 💡 Artificial intelligence (AI) will increase productivity and should not be feared. Jobs being replaced by AI is a sign of economic progress, and humans have the ability to adapt and improve their productivity alongside AI.
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Thank you for another amazing podcast episode!
Saifedean is something special
Thanks, Saif!
principles of economis is just a masterpiece!
Thanks Brian, He is right,about Economics and the ways it works. Oh, Jim Rogers, knows this that why he talks Raw materials and farms and builders, to make , sell etc. The students need to start young and know the making of brands and products., Thanks.
Much much love ❤❤❤❤
This is amazing podcast I enjoyed it
Thank you.
This guy did a great job at nodding every 2-3min. Best nodder ever
Saifidean for president.
I didn't have time for university, I had to study.
Sweet!
Great episode drop this morning,
Bom dia,
Good morning,
Sh'loneck habibiti gelbi?
is this on Audible yet?
And what are we going to do with BTC if the governments prohibit Bitcoin use? What if they steal it from us or stop us to do the transfers?
China tried to ban Bitcoin in many ways. They failed. If the most authoritarian government in the world can’t ban it for their own citizens, then no one can.
You have to secure it properly so they can't steal it
They cant stop it. The code just keeps running. Stealing is quite hard, they would have to beat the keyphrase out of you. That would not be a very popular decision. They can only ban the exchanges and if they did that, it would just bring so much more attention to it. China banned it and it reached new all time highs.
First like ❤❤❤❤❤
I cannot trust mr rose anymore no credibility whatsoever after the scummy things hes done
What scummy things?
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Vote Libertarian 💯 n00bs 🔥🔥🔥
LOL brian rose
Gold is not perfect but is more possible. It is more difficult to stop using it. It is more difficult techology of money but it is safer than BTC.
gold is far easier for governments to confiscate, aswell as it's hard to move around safely
Moving a significant amount of gold around the world is a huge problem u need security with guns and it costs quite a bit to with bitcoin is 10 minutes final settlement with a billion dollars plus
Two guys go to an airport. Leaving a corrupt country. Each has $100,000 . $100,000 in gold, $100,000 in bitcoin. Who do you think gets passed the TSA?
@@thestonemaster81 Brian wallets guys with btc
If the host is fascinated by Harari's book (WEF's ideolog) it's no wonder he also belives AI will destroy the world.
Exactly
The price of BTC changes as well. You pay for car one day 3 btc, next day the same car would be 3,6 BTC or 2,5 btc. Why the BTC value is so unpredictable? It is casino too
that's because of fiat money management screwing around with value in general
Over a long enough time frame 4 to 8 years if u look at the price in fiat terms is only gone up
It's a new monetary system. There is going to be volatility. As the value if the dollar fluctuates against Bitcoin it's value as measured against Bitcoin fluctuates, so which is actually the volatile currency? Bottom line, just hold Bitcoin and chill for 10 years. You'll be glad you did.
Noice 😂
The world runs on electricity as much as oil, would this show be possable without electrity ? Nay, what happen when the power goes out?
Capitalism or Free market are not the same.
they are, what is called capitalism today is a distorted version which is actually state-capitalism
@@rockbarcellos
Most people would associate capitalism with big business, monopolies and rich people and for Karl Marx in 'Das Capital' it was all about Judaism, while a free market is more about mom and dad, small shops, self-employed , a child's lemonade stand where the size of businesses would be limited by that same free market and where prices would come down. So more freedom and less State.
@@ducthman4737 what you just described is free market capitalism as oppose to central bank capitalism which is really just the path to socialism
@@ducthman4737 yes, but that's a mistake, or maybe you could say it's a spoken language kind of thing, bc there's nothing in capitalism that inherently requires or precludes monopolies, of any kind.
this guy is doing many shady things that i've experienced myself. i dont trust brian rose.
😂 I don't either not after the "freedom platforms" taking all them donations to think I give this punk my money gosh such a nativity on my side
What kind of shady stuff is he doing?
Bitcoin to $5,500 - Ethereum to $125 - DOW JONES INDUSTRIAL AVERAGE to $13,500 - S&P 500 to $1500 - NASDAQ to $3,500 - Tesla to $65 soon
It's naive to presume that predatory governments and central banks could not control bitcoin.
it's a fact that they can't, it'd require a global government to do it, good luck achieving that
and how do you presume they're going to do that?
Gold sliver bitcoin is all manipulate buy central Banks, and government they print the money trade with each other to Lower the price of gold and bitcoin. What do u think is a fair playing field with these guys no it's not never has been if have a better solution or idea do let us know