Time, Capital, and Civilization | The Song Series | Episode 1 (WiM080)
The "What is Money?" Show
00:00
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
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