3min chapter

The "What is Money?" Show cover image

The Nature of Energy with Michael Saylor (WiM314)

The "What is Money?" Show

CHAPTER

The Four Ways to Concentrate Power

Before the Revolutionary War, there were some very aggressive governors and they had a will to power. They tried two things: conscript all of the colonists to go fight the war and most of them didn't want to be conscripted. When they couldn't figure that out, they have to pay them. So it turns out that the money printing is another way to concentrate the power. And so you can see there are at least three ways to Concentrate Power in pre-revolutionary America.

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