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2min chapter
Money: The Most Beautiful Lie? with Santiago Velez (WiM090)
The "What is Money?" Show
The Social Contract
Economics is the ability to convert our will power into physical power of some kind. But we also simultaneously have to defend ourselves against unwonted imposition of others will power on us, right? This is like the reason you would hold gold, for instance, historically, i is because no one could inflate it righat no one could increase the supply. So that's like this balancing act we're trying to maintain. It's like, how do we manifest more of our will powerinto physical power the world, through capital and things like that,. but simultaneously, how dowe protect ourselves from the arbitrary will power of others?
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