Larry White on Gold, Fiat, and Bitcoin: Determining the Ideal Monetary Standard

Published: Aug. 14, 2023, 4:30 a.m.

Larry White is a professor of economics at George Mason University and is the author of a new book titled, *Better Money: Gold, Fiat, or Bitcoin?* Larry is also a returning guest to Macro Musings, and he rejoins the podcast to discuss this book and the comparison among those monetary standards. David and Larry specifically discuss the bottom-up vs. top-down theories of money, the basics and functionality of a gold, bitcoin, and fiat standards, the future of money, and more.

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Transcript for this week\u2019s episode.

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Larry\u2019s Twitter: @lawrencehwhite1

Larry\u2019s Mercatus profile

Larry\u2019s GMU profile

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David Beckworth\u2019s Twitter:\xa0@DavidBeckworth

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Related Links:

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*Better Money: Gold, Fiat, or Bitcoin?* by Lawrence White

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*Larry White on Stablecoins, Money Market Funds, and the History of Free Banking* by Macro Musings