The Use of Financial Repression | The Lyn Alden Series | Episode 2 (WiM190)
The "What is Money?" Show
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Is There a Base on the Order of Technologies?
Seuse: The idea of all this government intervention actually inverting timeless economic wisdom, bi holding cash for a rainy day. If you get this recurrent government intere that's always bailing you out, then you end up like the airline, holding no cash. Ultimately, if you're a prudent business operator holding cash, whell your competitors get balled out you as well. They will outcompete you for being less prudent its. madness.
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