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Jeff Booth On How Inflation Is Theft #904

The Pomp Podcast

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Is There a Free, Free Market?

In a free market, prices would collapse into zero everywhere. People don't actually want more money but what they think more money will give them. Politicians are incented to lie and drive more and more inflation. And that's why you need a parallel system like bitcoin. That can't solve it from the system. It'simposible. You have either complete credit collapse, or you have inflation rate that keeps on going. So if we're all bhet now, our bets on when government is going to stimulate more, correct nothing else matters. I kdont you have this idea of capitalism and socialism and of being the same thing in this environment? Explain what you mean by

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