#490: How Woke Took Over America with Andrew Gutmann
TFTC: A Bitcoin Podcast
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The Impact of Central Banking Policies on Society
This chapter explores the profound effects of central banking policies, such as easy money incentives, on society, including wealth disparity, income inequality, and the rise of woke culture. It delves into how manipulation of interest rates corrupts capitalism and leads to societal issues, emphasizing the importance of allowing failure for capitalism to function effectively. The discussion also touches on the intertwined relationship between commercial banks and the supply of money in the economy, highlighting concerns about the consolidation of big banks and the impact of financial crises.
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