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4min chapter
BTC160: The Hidden Cost of Money w/ Seb Bunney
We Study Billionaires - The Investor’s Podcast Network
The Hidden Costs of a Broken Monetary System and Its Impact on Society
This chapter explores the impact of a broken monetary system on people's lives, discussing loneliness, anxiety, frustration, and how it can lead to the rise of controlling structures. It argues that a misaligned or co-opted monetary system contributes to declining purchasing power, rising costs of living, and less time for critical thinking, emphasizing the need for an incentive-aligned system to prevent authoritarian regimes.
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