1 rich Libsyn https://www.libsyn.com 90 600 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. &amp;nbsp; Transcript for this week’s episode. &amp;nbsp; Larry’s Twitter: @lawrencehwhite1 Larry’s Mercatus profile Larry’s GMU profile &amp;nbsp; David Beckworth’s Twitter:&amp;nbsp;@DavidBeckworth Follow us on Twitter:&amp;nbsp;@Macro_Musings &amp;nbsp; Join the Macro Musings mailing list! Check out our new Macro Musings merch! &amp;nbsp; Related Links: &amp;nbsp; *Better Money: Gold, Fiat, or Bitcoin?* by Lawrence White &amp;nbsp; *Larry White on Stablecoins, Money Market Funds, and the History of Free Banking* by Macro Musings Macro Musings with David Beckworth http://macromarketmusings.blogspot.com/ <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/27741009/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/158005755