AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
Time, Capital, and Civilization | The Song Series | Episode 1 (WiM080)
The "What is Money?" Show
Is Its Cansianism Antithetical to the Economy?
Fiat is antithetical to this whole process because, i mean, their aim is actually to try an increased consumption in the economy. One is destroying accountability, frankly. So businesses that are not turning a profit by actually, a, servicing the productivity of civilization, they're not wiped out and in their capital, a, assimilated into other other aims. And so this fiat is actually intentivizing dis saving. Its actually decivilizing its destructive. I think it's 350 % global debt to g d p last i checked, probably worse since a. The numbers are scary, frankly. But when you look at government interference, there's no way to hedge against non-consensual
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode