FIAT vs Capitalism, Part 1: An Economic Debate

About the Series

This recording is the first installment in a series of live debates hosted by Blair duQuesnay, in which she and George Kinder work through the tension between Fiduciary In All Things (FIAT) — George's proposal for a global fiduciary standard applied to every institution — and the current dynamics of capitalism as practiced today. Later installments (Parts 3 and 4, covering Truth and AI) build on the questions raised here, with more debates planned throughout 2026.

This Episode's Focus: Framing the Debate

In this opening conversation, Blair and George establish the core tension of the series: whether a global fiduciary standard — one that holds institutions accountable to the people they serve, in all things — could function as a meaningful check on, or alternative to, capitalism as currently practiced. It sets up the economic and philosophical questions that recur throughout the later parts of the series.

Format and Tone

As a live-recorded debate rather than a scripted interview, the conversation has an unscripted, exploratory feel — the two speakers test each other's framing in real time, making it a useful entry point before diving into the later, more focused installments (Truth, AI, etc.).

Where to Watch

The full recording is available on Blair duQuesnay's Substack. Readers interested in the broader arc of the debate are encouraged to also check out Part 3 (The Truth) and Part 4 (AI) elsewhere on this site.

About Blair duQuesnay

Blair duQuesnay is a financial commentator and writer who publishes on Substack, engaging with themes of markets, capitalism, and institutional trust. Her ongoing debate series with George Kinder offers a recurring, publicly accessible venue for testing FIAT's ideas against real-world economic and institutional dynamics.