E166 - #547 ART - Finish The Game

The dollar went from gold backing to oil backing to something far shakier: belief. We talk through why that shift changes everything, from how people save and invest to how governments sell endless programs and endless wars. I share a story that captures the hypocrisy at the heart of modern central banking, then we zoom out to the bigger claim: fiat currency is not just an economic policy, it is a social solvent.

History gives us a measuring stick, so we revisit 1776 without the lazy shortcuts. I separate the American Revolution from the French Revolution, dig into...