June 23, 2024

BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast)

57 minutes

CryptoThe Investor's Podcast (TIP)

Key Takeaways

The year 1971 marked the beginning of the era in which the federal government became interested in altering the food supply
Nixon and other government leaders knew that food prices would extensively rise following The Nixon Shock

This realization kicked off a 55-year gaslighting campaign to change the trajectory of the food supply so that people would overlook the rising cost of nutrient-dense foods

If a person eats a diet of Doritos and grains, then he probably doesn’t realize monetary inflation; but if he eats a diet of ribeye steaks, monetary inflation is much more apparent to him

Nutrient-dense foods, such as red meat, are increasingly becoming a food of the upper classes

Government-influenced dietary guidelines serve the aggrandizement of the political leaders more so than they favor the betterment of the people

Once seed oils were no longer viable for industrial applications, large corporations began to market those seed oils as food; this was the first time that Americans began to consume things that were not food

When President Lyndon Johnson was going up for re-election, the cost of eggs was skyrocketing in price; he instructed his surgeon general to write a phony press release saying that eggs were unhealthy so that demand for eggs would decrease

To this day, people still believe the “eggs are bad for you” press release was motivated by political purposes, and not supported by any scientific evidence

The implementation of a hard currency would help to solve the modern crisis in food because it would help to undermine the incentive for the federal government to obfuscate the food supply

A hard currency removes the ability for governments to print money, therefore reducing the government’s need to gaslight dietary guidelines

“If you’re not healthy, you’re not free. Self-autonomy begins with personal health.” – Matthew Lysiak

Read the full notes @ podcastnotes.org

In this episode of the Bitcoin Fundamentals Podcast, investigative journalist Matthew Lysiak discusses his latest book on fiat food policies, influential figures like Ancel Keys, corporate interests, and the impact of inflation on health.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

02:22 - The history and impact of fiat food policies.

10:11 - The role of influential figures like Ancel Keys and John Harvey Kellogg.

25:11 - Insights into nutrient density and its importance.

26:21 - How to accurately measure the CPI bucket considering nutrient dense food prices.

29:02 - How corporate interests have shaped national food policies since 1884.

40:30 - The monetary and nutrition shifts of the 1970s.

52:03 - The real cost of inflation on financial, physical, and mental health.

56:21 - How Bitcoin can change the current food and health landscape.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Matthew’s Book: Fiat Food.

Check out all the books mentioned and discussed in our podcast episodes here.

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