5min chapter

The "What is Money?" Show cover image

How Bitcoin Will End Currency Counterfeiting with Michael Goldstein (WiM252)

The "What is Money?" Show

CHAPTER

Is Direct Taxation a Barrier to Monopolizing Money?

Hoppe: It's impossible for the state to get away with institutionalized counterfeiting unless it can be combined with redistributed, redistributive measures. He says inflation is not as conspicuous as taxation but will still be felt and noticed by banks. Hoppe argues that people who work for the federal government also have a desire to see the federal government continue.

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