5min chapter

The "What is Money?" Show cover image

Responsibility as the Art of Freedom with Russell Lacour (WiM084)

The "What is Money?" Show

CHAPTER

Is Inflation Only Taxation?

Inflation is only taxation. And tis blows my mind that people still debate about this as if there is a debate. It's when you arbitrarily, when one group arbitrarily prints or produces new money they are extracting wealth from all those that cannot produce new money. Inflation and taxation is just a dial turning up or turning down slavery. Then fiat is an abdication of responsibility, as we described earlier. Most people in power do not have our best interests in mind. You don't need to go there with conspiracy theories; it's human nature. Just look at someone who doesn't care about themselves. That's why the system of over-the-top government isn't going to

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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