All these economies are trying to wean themselves off the dollar.
Economies are realizing that the U.S. is taking its monetary position -- and when you are the global monetary reserve and you expand your money supply 40% since February 2020, that hurts these economies. That hurts how much value they have as well. And they don't want to be part of that.
In this interview, I talk to Eric Yakes, author of The 7th Property. We discuss the genesis of the book, the Federal Reserve, the role of libertarianism in our future, and the foundational and unique strengths of Bitcoin.
00:00:25 The journey to Bitcoin
00:22:55 Inflation, genesis of the book
00:30:39 Central banking and the Fed
00:39:24 The international monetary ‘game’
00:53:04 Free banking & Bitcoin
01:01:35 Why Bitcoin succeeds, libertarianism
01:20:41 The 7th Property