Why Fiat Drives the Wealth Divide with Avik Roy

SHOW NOTES:
https://www.whatbitcoindid.com/podcast/why-fiat-drives-the-wealth-divide

Avik Roy is president of the Foundation for Research on Equal Opportunity think tank and a policy Editor at Forbes. In this interview, we discuss how society can improve social mobility through free markets, individual liberty, innovation, social integration, energy freedom, housing growth and harnessing good deflation.

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TIMESTAMPS:

00:00:00 Improving social mobility via liberty & innovation
00:07:36 Equality & inequality
00:12:32 Free markets vs status quo
00:19:01 Pension problems; Debt cycles vs political cycles
00:28:06 Energy prices & regulation
00:35:32 Nuclear power & state-owned energy
00:43:36 Housing & the Fed
00:52:05 Why experts fail
00:57:31 Integrating low-income groups
01:05:34 Inflation versus deflation
01:15:34 Strong dollar; Bitcoin regulation

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“Free enterprise and individual liberty and innovation/entrepreneurship do actually increase prosperity for lower and middle-income people, they’ve done that all over the world; we’ve lifted a billion people out of poverty in India and China over the last 20 years…and we can do that again.”
— Avik Roy

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