ללא צנזורה #60 כלכלה אמיתית (EN)

On this podcast, we spoke about the Austrian School of thought and defined economic terms that help you understand how money works.

00:00 Presenting our guest - Tal Yaros - Dancing salsa and being creative

02:37 Lectures with Tal - The end of the World.

05:05 Escalation towards the end of the economic world.

08:30 How did the 2008 economic crisis come about?

12:19 Nixon and the golden standard - The Fiat Money System.

15:49 The Austrian School of Economics - Logic thinking.

17:15 The Axium of Human Action - Trade as an example.

23:50 How do Austrian economists predict what will happen in the market?

27:49 Non-coercive transaction.

29:58 The definition of Capitalism.

33:31 What is the difference between Capitalism and libertarianism?

34:55 What is socialism? What is the difference between socialism and communism?

44:34 Gorbachev's significance on Russia, and his death and soviet jokes.

53:17 Is equality possible? The differences are extreme.

59:30 The word equality is over-used by politicians and the victimization narrative.

1:03:55 Inflation and prices.

1:11:18 What does it mean to decrease taxes? What is optimal tax?

1:13:58 Housing in Australia.

1:22:06 Traders in Australia - Satisfaction after hard day's work.

Question / Advice Section

1:27:45 What happens when Inflation goes down in the USA but stays high in Europe?

1:31:18 Is the lack of affordable housing related to geographical preference?

1:35:12 Question regarding supply and demand?

1:42:00 Why don't central banks just raise interest rates high to make inflation go away?

Stupid Question Section

1:45:17 A degree in economics or just starting to work in economics?

1:47:28 Living in a socialist state or a communist state?

1:48:00 Financial freedom or freedom of speech?

1:50:10 Milk chocolate or white chocolate?

1:51:10 Riding a snowboard without knowing what you’re doing or getting into martial art battle with a professional MMA fighter for a minute?

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