143. Macro Myths with Coinbits' Rowais Hanna

22 Nov • 2hr 5m

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Show Notes

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.References (All links available on saifedean.com/podcast/143-macro-myths-with-coinbits-rowais-hanna)Rent Equivalence Fiat-splanationCPI “misconception” response from BLSNY Fed Research connecting credit expansion and tuition risingRowais’ essay on Bitcoin through a Biblical LensThe Origins of 2 Percent Inflation Target – Mises .org Rowais’ tweet about being at the Egyptian Central Bank Sheikh Imam, The Ballad of Beans and MeatCoinbits blog The philips curve is actually a blobCoinbits ultimate ThreadSaifedean’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 – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming book, Principles of Economics, by becoming a Saifedean.com member. Find out more here.

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Adam Curry

25,000 sats

22 Nov • CurioCaster

Value 4 Value! Remember to tell people to get a modern app with a Boost button at Newpodcastapps.com

@sirsnaxalot

210 sats

24 Nov

Thank you for this episode!

@flauerlorea

200 sats

23 Nov

great pod guys! same feeling here thanking Saif for helping get the epiphany of understanding btc & all your crazy quality and quantity work! A fellow maxi toxic pleb. Thanks!

@bitcoinhurler

100 sats

29 Nov

@cwilbzz

100 sats

23 Nov

@bitcoinhurler

100 sats

29 Nov

you the man Saif. from Ireland. check out the sport hurling, you will love it

@megavalanche

100 sats

29 Nov

Thank you !

@btcessex

100 sats

24 Nov

cos Adam curry said so