Geoff Graham is joined by previous guests Austin Tunnel and Jaime Izurieta-Varea, as well as economist and author Saifedean Ammous, to discuss how monetary policy, hard money, fiat current, time preference, and the regulatory environment impact the quality of our built environment.
You can find Yeoman on Spotify, Apple Podcasts, Youtube, and elsewhere.
Links
Austin Tunnel, Jaime Izurieta, and Saif on X
Michael Diamant on The Bitcoin Standard
Escaping the Housing Trap by Chuck Marone
Timestamps
0:00 – intro
3:20 – local materials, the vernacular, self-financing
6:45 – economics and beauty, inflationary money, the gold standard, a control knob for time preference
12:31 – building for the long term
15:02 – the default mode of building, a culture of beauty
18:34 – cycles of monetary regulation, the Federal Reserve
20:31 – hard money, inflation, supply
29:31 – regulation and supply, path of least resistance, bounding box of regulation
34:12 – wealth vs money, compound architecture
37:02 – treating houses as savings accounts
42:32 – pressure to put money into real estate, cost of building, increasing complexity, building codes
48:11 – environmentalism, Malthusian mindset, effects on building codes
52:52 – institutionalization and centralization of energy production
55:31 – nuclear, solar, wind, abundant energy
58:32 – saving vs consumption, economic activity, value of economic production
1:07:14 – service and entertainment economy, Brave New World
1:09:14 – getting back to sound money
1:15:22 – conclusion
Yeoman 