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Only Individuals Engage in Action | The Twilight of Gold Series | Episode 9 (WiM174)
The "What is Money?" Show
Government Credit Worthiness Is Derived From the Profitability of Coercion
The credit worthiness of a government is derived from the profitability of coercion. So how efficient and effective will your government organization be at stealing from people into the future? That's basically the cor determinat of government credit worth, creditworthiness. I don't have any answers, and i don't know how am a government pays its way without it.
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