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4min chapter
Order Without Organizations with Aneesh Karve (WiM141)
The "What is Money?" Show
The Importance of Capital Accumulation
Mises says everything the socialist wants comes from one factor and that is capital accumulation. The ability to retain capital is why the time preference of Bitcoin is such an extraordinarily important thing. And so profit in some of Mises passages is a psychic phenomenon. It's almost like an evenly rotating economy that like you everybody has the same salary. You know really, it just doesn't work right you can't what does equality of outcome mean?
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