The Bitcoin Standard Podcast

Saifedean joins Nick Carey to discuss money as a civilizational force: why mainstream economics has an inflation blind spot, how banks "mine" fiat through credit creation, why the rich hold negative fiat balances to acquire hard assets, and how inflation funds war, corrodes morality, and raises time preference.

Lecture 17 of Principles of Economics explores the economics of defense as a market good rather than a uniquely governmental function, how law and order emerge through voluntary provision, the failure modes inherent of the state's monopoly over defense & law, and what a free market in defense would look like. Get all course notes and slides on https://saifedean.com/poecourse

In this interview with Mario Nawfal, Saifedean presents the Misesian case against Israel, and argues the only way to understand the Palestinian/Israeli conflict is that it is the result of the denial of property rights for Palestinians based purely on their not belonging to the ruling ethnoreligious group. Join Crowdhealth: https://www.joincrowdhealth.com/

Hans-Hermann Hoppe and Stephan Kinsella read the preface, introduction, and first chapter of Rothbard at 100: A Tribute and Assessment, published by The Saif House, July 2026. Preorder your copy now, and join us for the Rothbard At 100 conference in Porto on June 27. Details are on rothbard100.pt

16th lecture of Principles of Economics explores the economics of violence in both its private and governmental forms, the non-aggression principle as the foundation of peaceful cooperation, how government coercion differs from market exchange, and the rationales offered to justify state violence. Get all course notes and slides on saifedean.com/poecourse Crowdhealth: https://www.joincrowdhealth.c...

Saifedean presents the Misesian case against Israel, and argues the only way to understand the Palestinian/Israeli conflict is that it is the result of the denial of property rights for Palestinians based purely on their not belonging to the ruling ethnoreligious group. Full Article: https://saifedean.substack.com/p/property-rights-the-root-cause-of Article on X: https://x.com/saifedean/status/198...

15th lecture of Principles of Economics explores monetary expansion as the issuance of credit unbacked by savings, how it distorts interest rates and misallocates capital, why this generates the business cycle, Mises' money typology & how central banks are central planners of capital markets. Get all course notes and slides on https://saifedean.com/poecourse

Saifedean reads the text of his new article on Argentina's Javier Milei experiment, and also reads the text of his tribute to Murray Rothbard, to be published in Rothbard At 100: A Tribute and Assessment, a collection of essays edited by Hans-Hermann Hoppe and Stephan Kinsella celebrating Rothbard's centenary, available for preorder now from The Saif House Rothbard at 100: Hardcover – Pr...

Fourteenth lecture of Principles of Economics explores credit and banking as the institutions that channel savings into investment, how commodity credit emerges from real savings, while circulation credit comes from money creation, why interest rates reflect time preference, and whether interest can be eliminated with hard money. Get all course notes and slides on saifedean.com/poecourse

Saifedean makes the case for bitcoin as apolar money, the only workable alternative to a government global reserve currency and a unipolar world order, and how geopolitical developments underscore this role. 

Thirteenth lecture of Principles of Economics explores time preference as the rate at which individuals discount the future, how property rights and hard money reduce uncertainty and lower time preference, enabling saving and investment, and why the progressive lowering of time preference is the driving force behind capital accumulation and the process of civilization. Get all course notes and sli...

Twelfth lecture of Principles of Economics explores capitalism as the system of private ownership of capital goods, how free capital markets allocate resources to their most productive uses through profit and loss, why economic calculation requires private property, and why socialism fails without it. Get all course notes and slides on saifedean.com/poecourse Sponsors: Crowdhealth - https://www.jo...

Eleventh lecture of Principles of Economics explains how individual preferences coordinate production and consumption decisions through economic calculation based on property rights, and why consumer sovereignty drives entrepreneurial decisions in the market order. Get all course notes and slides on saifedean.com/poecourse

Tenth lecture of Principles of Economics explores money as the most salable good, how it emerges from trade, solves the coincidence-of-wants problem, enables calculation and specialization, preserves value across time, and why hardness matters more than quantity. Get all course notes and slides on saifedean.com/poecourse

Trump’s Three-Card-Monte Takes on the Chess Grandmasters   This is a full reading of Saifedean's article analyzing one month of the Iran War and its likely political and economic consequences. https://x.com/saifedean/status/2038250120890769859 https://saifedean.substack.com/p/escalating-from-suez-to-waterloo

Ninth lecture of Principles of Economics explores trade as voluntary exchange that benefits all parties, explaining subjective valuation, absolute and comparative advantage, and how specialization and the division of labor raise productivity, cooperation, and civilization. Get all course notes and slides on saifedean.com/poecourse

Eighth lecture of Principles of Economics examines energy and power as essential drivers of production, showing how abundant energy, especially hydrocarbons, raises productivity, expands trade and living standards, and helps explain prosperity, freedom, and the decline of slavery. Get all course notes and slides on saifedean.com/poecourse

Seventh lecture of Principles of Economics explores technology as non-scarce knowledge that raises productivity and drives long-term growth, explaining why innovation creates new work instead of destroying it, and examining the economic arguments surrounding intellectual property. Get all course notes and slides on saifedean.com/poecourse

Sixth lecture of Principles of Economics explores capital as saved resources that lengthen production to raise productivity, showing how time preference governs saving and interest, why capital is costly and fragile (depreciation, risk, destruction), and how capital accumulation drives higher living standards. Get all course notes and slides on saifedean.com/poecourse

Fifth lecture of Principles of Economics explains property as the only workable solution to the problem of scarcity, how ownership prevents conflict, the logic of self-ownership, and how secure property rights enable saving, capital formation, peaceful cooperation & civilizational advance. Get all course notes and slides on saifedean.com/poecourse

Fourth lecture of Principles of Economics explores labor as the sacrifice of leisure for future gain, explaining disutility, production and productivity, how wages reflect marginal output, why work never disappears, and how voluntary labor and capital raise the value of human time. Get all course notes and slides on saifedean.com/poecourse

Third lecture of Principles of Economics examines time as the ultimate scarce resource, showing how all human action unfolds across time, why opportunity cost exists, how time preference shapes choices, and how economizing time drives production, saving, and civilization. Get all course notes and slides on saifedean.com/poecourse

Saifedean debates Peter Schiff on gold, bitcoin, and the future of money, during the PlanB Conference in San Salvador!

Second lecture of Principles of Economics course explores value as a subjective judgment existing only in the consciousness of humans, how scarcity forces economizing, and how marginal utility determines choices and valuations of goods. Get all course notes and slides on saifedean.com/poecourse

Starting this week, I'm releasing all the lectures of my Principles of Economics online course for free! This week's lecture explores economics as the study of human action and choice under scarcity, how humans act purposefully with deliberative reason, and why proper economic reasoning is based on understanding human action. Get all course notes and slides on saifedean.com/poecourse