WiM048 - The Vervaeke Series | Episode 3 | Money as a (Psycho)technology
The "What is Money?" Show
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Capital Consumption Is What Underpins the Economy
When money is arbitrarily reprodue sable, can be inflated at the whem of bureaucrats, essentially a it actually incentivizes the holders of money into consumerism. Money's not going o hold its value, so you're incentivized to spend it or invest it even. The game in in economics currently is we're all trying to outpace inflation. I have to go and put it in real estate, or put it in stocks, or anything to outpace the rate of theft being perpetrated on me through inflation.
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