. . .

Tyler Cowen: Default state through history is confusion about what is money

Tyler Cowen was recently interviewed by Lex Fridman and the conversation was great since Tyler’s usually asking the questions. This time we got to hear all his answers in their full glory and they were glorious. All notes below are paraphrased:

What matters more than the type of capitalism is how good is your legal system / rule of law
He expects a global catastrophe in the next 700-800 years, something the scale of a nuclear war, simply a function of probabilities (there will be more Hitlers)
Default state thru history is confusion about what is money / moneyness
Fiat currency already works really well
Bitcoin could be worth $1M as long as people agree. But it’s unlikely to be money. More a collectible / gold. Ethereum has a better but still low chance
WSB (and retail yolo in investing) is a new brand of esports
Diversity talk has become a new mechanism for enforcing conformity

How Do Car Warranties Work?
Thursday March 18, 2021

A car warranty is a limited coverage plan provided by your manufacturer for repairs and replacements of mechanical defects, faults, and electrical failure. A car warranty guarantees you protection against expenses for labor costs and emerging car issues. These particulars are written in a contract by the manufacturer or an independent dealer. A warranty assures […]

How Do Car Warranties Work?
Thursday March 18, 2021

A car warranty is a limited coverage plan provided by your manufacturer for repairs and replacements of mechanical defects, faults, and electrical failure. A car warranty guarantees you protection against expenses for labor costs and emerging car issues. These particulars are written in a contract by the manufacturer or an independent dealer. A warranty assures […]

The post How Do Car Warranties Work? appeared first on Celadon Saigon.

The post How Do Car Warranties Work? appeared first on Celadon Saigon.