Covers the Austrian School's case for sound money, how suppressed interest rates cause malinvestment and boom and bust cycles, and why Bitcoin's fixed supply makes it the free market's answer to rising time preference.
The intellectual core of this whole curriculum. Drawing on the Austrian School, Menger, Mises, Hayek, Hoppe and Rothbard, I explain how unsound money distorts an entire economy and how Bitcoin offers the free market's own solution. I cover Austrian business cycle theory, how suppressed interest rates cause malinvestment and boom and bust, the link between sound money, low time preference and real capital accumulation, and why Bitcoin's fixed supply makes it the hardest money ever invented.
This is educational content, not financial advice.