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Village Global Podcast

The Past and Future of the World Economy with George Gilder and Patrick Stanley

27 Jun 2019

Description

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. Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.

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