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. &nbsp; Transcript for this week’s  &nbsp; Larry’s Twitter:  Larry’s Mercatus  Larry’s GMU  &nbsp; David Beckworth’s Twitter:&nbsp; Follow us on Twitter:&nbsp; &nbsp; Join the Macro Musings  Check out our new Macro Musings  &nbsp; Related Links: &nbsp;  by Lawrence White &nbsp;  by Macro Musings

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

Hosted by David Beckworth of the Mercatus Center, Macro Musings is a podcast which pulls back the curtain on the important macroeconomic issues of the past, present, and future.