4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC100: Jeff Booth On Finding Bitcoin's Signal In A Noisy World (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Is There an Interconnection Between Energy Not Being Infused Into the Money and Propaganda Narrative Control?

Jeffrey Toobin: The existing system is credit-based, it cannot allow ongoing deflation without collapse. Society would never vote to have their entire way of living collapse, which means a paradox exists where society will always eventually insist on manipulated growth for fear of the consequence of collapse. He says that if you could just print more monetary units to create global wealth, then don't you think in the last 3,000 years or 5,000 years, societies would have figured that out? Toobin: You see those ideas driving us to more energy, better energy, better sources of energy are best left to entrepreneurs in the free market and misallocating resources by printing money creates the opposite.

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