A hundred years ago, people in small towns were building things that still stop us in our tracks. Two-story brick shops on the corner of Main and Commerce. Sturdy. Modest. Enduring. And beautiful.

So the question is: what changed?

I joined Geoff Graham on his Yeoman podcast, alongside Jaime Izurieta and Saifedean Ammous (author of The Bitcoin Standard), to try and unpack that question.

We talk about why the small towns of the early 1900s could build beautiful things without credentialed architects, starchitects, or REIT funding... and why today, with all our global supply chains and five-star consultants, we mostly build disposable boxes.

Turns out, there’s a connection between money, time preference, and architecture. And when the money got funny, everything else started to crack too – our neighborhoods, our supply chains, even our standards for beauty.

It’s a wide-ranging conversation that touches on architecture, monetary policy, code creep, and how the over-financialization of everything is eroding our ability to build for the long haul.

Take a listen if you’ve ever wondered why your grandparents' post office looks better than your city’s new civic center.

CHAPTERS

00:00 The Changing Landscape of Building and Time Preference

02:51 Exploring the Intersection of Money and Architecture

05:57 Historical Context: Building in Early 20th Century America

09:01 The Role of Local Materials and Community in Architecture

11:54 Understanding Time Preference and Its Impact on Building

15:09 The Influence of Monetary Policy on Architectural Beauty

17:50 The Shift from Hard Money to Inflationary Currency

21:03 Regulatory Challenges and Their Impact on Construction

23:57 The Disparity Between Wealth and Money

26:56 The Future of Architecture in an Inflationary Economy

40:47 Innovative Window Design and Egress Solutions

41:32 The Rising Cost of Housing and Inflation's Impact

42:32 Housing as a Store of Value

45:18 The Competition for Homeownership

47:26 Regulatory Challenges in Housing Production

50:47 The Complexity of Modern Building Standards

52:43 Energy Efficiency and Building Costs

53:43 Inflation and Environmental Concerns

56:29 The Future of Energy Production

01:01:20 The Role of Nuclear Energy

01:03:03 The Case for Sound Money and Bitcoin

01:12:14 The Path to a Low Time Preference World

CONNECT WITH THE GUESTS

Yeoman Podcast Website: https://graham.dev/yeoman/

www.storefrontmastery.com 

https://x.com/izurietavarea 

https://www.linkedin.com/in/izurietavarea/ 

https://www.instagram.com/storefrontmastery/  

https://www.facebook.com/public/Jaime-Izurieta/ 

Book: Mainstreet Mavericks 

Website: https://saifedean.com/

Twitter (X): @saifedean

Instagram: @saifedean

Podcast: saifedean.com/podcast

Courses: saifedean.com/courses

MENTIONED RESOURCES

CONNECT WITH AUSTIN TUNNELL

Newsletter: https://playbook.buildingculture.com/ 

https://www.instagram.com/austintunnell/ 

https://www.linkedin.com/in/austin-tunnell-2a41894a/ 

https://twitter.com/AustinTunnell

CONNECT WITH BUILDING CULTURE

https://www.buildingculture.com/ 

https://www.instagram.com/buildingculture/ 

https://twitter.com/build_culture 

https://www.facebook.com/BuildCulture/ 

SPONSORS

Thank you so much to the sponsors of The Building Culture Podcast!

Sierra Pacific Windows: https://www.sierrapacificwindows.com/ 

One Source Windows: https://onesourcewindows.com/