<p>What happens when money is untethered from value? This episode unpacks <em>The Fiat Standard</em>, where Saifedean Ammous explores how fiat currency distorts incentives, fuels unsustainable growth, and undermines long-term thinking.</p>

What happens when money is untethered from value? This episode unpacks The Fiat Standard, where Saifedean Ammous explores how fiat currency distorts incentives, fuels unsustainable growth, and undermines long-term thinking.

The Fiat Standard: How Paper Money Reshaped the World

Welcome to Summary State, the podcast that distils the world’s most influential books into bite-sized episodes.
Whether it’s psychology, business, fiction, or self-help, we go beyond the blurb to bring you the key takeaways, fast.
If you want clarity without the clutter, insight without the effort, this is your go-to listen.
New episodes weekly.
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Welcome to Summary State, the podcast that distils the world’s most influential books into bite-sized episodes. Whether it’s psychology, business, fiction, or self-help, we go beyond the blurb to bring you the key takeaways, fast. If you want clarity without the clutter, insight without the effort, this is your go-to listen. New episodes weekly. Just press play.

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The Fiat Standard: How Paper Money Reshaped the World

The Fiat Standard: How Paper Money Reshaped the World