"The Brain" with David Eagleman (WiM132)
The "What is Money?" Show
00:00
I'd Rather Have the Government Holding on to My Money Than It Actually Could Make Sense
Inflation lets governments abdicate on those types of commitments. It's an interest free lon to the us. Governments have no particular reason to make meaningful ulysses contracts with themselves because they know they'll be aut of there, someone else will be elected. And it's just externalizing all that cost on o society, like we pay for it in the form of higher pricesa and all the other consequences to debasement. But oh yet, no, i totally agree.
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