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Title:143. Macro Myths w/ Rowais Hanna

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: CPI "misconception" response from BLS: NY Fed Research connecting credit expansion and tuition rising: Rowais' essay on Bitcoin through a Biblical Lens: The Origins of 2 Percent Inflation Target - Rowais' tweet about being at the Egyptian Central Bank: Sheikh Imam, The Ballad of Beans and Meat: Coinbits blog: The philips curve is actually a blob: Coinbits ultimate Thread: 🔗👇🏼 Sponsors CrowdHealth - get the tools you need to affordably break free from the insurance system - Coinbits - get better at money with bitcoin - CoinKite - Bitcoin Security and Fun Devices - Bitwage - get paid in Bitcoin regardless who you work for - ----------------------------------------------------------------------- Saifedean’s first book, The Bitcoin Standard: Saifedean’s second book, The Fiat Standard: Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a member. Find out more here:


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