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Title:143. Macro Myths w/ Rowais Hanna
Duration:02:05:53
Viewed:0
Published:22-11-2022
Source:Youtube

Rowais Hanna operates Coinbits' Twitter account, and has used it to publish fascinating in-depth investigations into the common myths of modern macroeconomics. He joins us to discuss the Consumer Price Index, how it is calculated, and the endless justifications used to adjust it. We also discuss the mythical origins of the 2% inflation target, and the trade-off between unemployment and inflation, and why supposedly empirical economists refuse to ever admit it is invalid. Rowais also discusses why he views bitcoin as the only way out of this mess, and how Coinbits helps onboard newcomers to bitcoin in a smooth and easy-to-understand way. We conclude with a discussion of Rowais' thoughts on bitcoin through a Biblical lens. 🔗👇🏼 Links Rent Equivalence Fiat-splanation: https://www.bls.gov/opub/mlr/1982/06/art2full.pdf CPI "misconception" response from BLS: https://www.bls.gov/cpi/factsheets/common-misconceptions-about-cpi.htm NY Fed Research connecting credit expansion and tuition rising: https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr733.pdf Rowais' essay on Bitcoin through a Biblical Lens: https://rowaishanna.medium.com/bitcoin-is-biblical-5334d45379bd The Origins of 2 Percent Inflation Target - Mises.org: https://mises.org/power-market/origins-2-percent-inflation-target Rowais' tweet about being at the Egyptian Central Bank: https://twitter.com/CoinbitsApp/status/1533877636111519745?s=20&t=OXr3ZMugFNQGz9-8frQ9UA Sheikh Imam, The Ballad of Beans and Meat: http://swedenburg.blogspot.com/2011/11/sheikh-imam-ballad-of-beans-and-meat.html Coinbits blog: https://coinbits.app/blog The philips curve is actually a blob: https://twitter.com/NewmanJ_R/status/1593434145946046466 Coinbits ultimate Thread: https://twitter.com/CoinbitsApp/status/1569178869244076037?s=20&t=7rK_b8WC5VOK8E-yFjwW3A 🔗👇🏼 Sponsors CrowdHealth - get the tools you need to affordably break free from the insurance system - https://www.joincrowdhealth.com/ Coinbits - get better at money with bitcoin - https://coinbits.app/ CoinKite - Bitcoin Security and Fun Devices - https://coinkite.shop/bitcoinstandard Bitwage - get paid in Bitcoin regardless who you work for - https://bit.ly/3FWDYtA ----------------------------------------------------------------------- Saifedean’s first book, The Bitcoin Standard: http://saifedean.com/thebitcoinstandard Saifedean’s second book, The Fiat Standard: http://saifedean.com/thefiatstandard Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here: https://saifedean.com/membership/



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