2min chapter

Life Itself Podcast cover image

Cory Doctorow on Blockchain, Crypto & Web3

Life Itself Podcast

CHAPTER

Central Banks Are Meant to Be Monkeying With Rights

Central banks are meant to be monkeying with rights and governments is theyre supposed to be establishing rules of the road. They're supposed to be mobilizing capital, demobilizing capital right? But constraining public aggregate demand to create fiscal space. So if you say what we really need as a country is a vaccines, then maybe what the state does is either through direct coercive, a in a war powers act, intervention, or through taxation. And they remove the choice of the private sector to use a factory that might be turned to vaxium production. And they, they arrogate to themselves that choice, and they direct it.

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