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This is Democracy – Episode 202: Inflation

This is Democracy

00:00

Is Money Worth What It Is?

Adam Sobel: Why is it that there is this psychosis that occurs around inflation? He says money is up there with law or language as a sort of general medium through which we organize life, social life. Sobel: If you're not anchored on the gold standard, all currencies in the world are dis-anchored. It's not just that it destabilizes values, but it unleashes conflict over what has value," he says.

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