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WiM022 - The Frisby Series | Episode 3 | Civilization and Taxation
The "What is Money?" Show
The Economic Consequences of Organized Violence
The economic consequences of organized violence. The easiest way to tax your tax base is to inflate, essentially your coin clip. When you run out of newly conquered lands, you start taxing your tax base harder. There's diminishing returns, and the negative returns at some point because people start to skirt the taxes or they move.
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