This episode is a conversation between George Gilder (@ScandalOfMoney), author, investor, writer and economist, Patrick Stanley (@PatrickWStanley), head of growth at Blockstack, and Erik Torenberg, partner and co-founder of Village. It was originally released on The Stacks Podcast presented by Blockstack.
They talk about:
- Gilder’s Information Theory, and why it is central to everything, including the world economy and biology.
- Why Gilder says that “wealth is really knowledge,” why money is not wealth, and why using money as anything other than a measuring stick is one of the biggest economic problems of the past and future.
- The problem with the “morbid financialization of the world” and the fact that share buybacks financed by near-zero interest loans from the government have driven economic growth for the last several years.
- Why prices are just measures of time.
- The importance of community and how to measure it in a society and economy, as well as Gilder’s thoughts on the scourge of materialism.
- Why Gilder is skeptical of the potential world-dominating effects of AI and isn’t as concerned about privacy as others are.
- Gilder’s critique of the Bitcoin framework.
- What Gilder looks for in companies when he “puts his VC hat on.”
- The role of the fed, China’s unique economy, trade wars, debt, and the charter cities movement, and much more.
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Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.