2min chapter

The "What is Money?" Show cover image

Story and The Power of Control | The Stephan Kinsella Series | Episode 3 (WiM229)

The "What is Money?" Show

CHAPTER

Every Every Duty Is Correlative With the Right and Vice Versa

Modern monetary theory is like the economic version of perpetual motion. Every you can get lots of things for free, they want to take it out of this so-called slack in the economy because of market failures that they can fix. It's not doesn't reconcile with thermodynamics that there's no free lunch in the universe. But I think they lose sight of it because of this intermediary of the government like the government just steps in as this kind of omnipotent force.

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