The "What is Money?" Show cover image

Is Sound Money the Answer? with George Gammon (WiM268)

The "What is Money?" Show

CHAPTER

All Government Revenues Are Taxation or Currency Debasement?

There's a high degree of consistency between that notion that government spending as a percentage of GDP going up means real GDP is coming down. That's an Austrian economic axiom, frankly, right? Theft reduces productivity. But with M2, if you're defining that as debasement, then you could argue, I think, that it's a tandem relationship between the banking system and the sun.

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