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WiM044 - The Saylor Series | Episode 10 | The Death of Gold

The "What is Money?" Show

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Sociate Political - What Is It?

Sociate political refers to social interaction, which i would distinguish this as trade. The second part of that referring to politics, or the political framework. Political is imposition of one will power on to another and involves coercion. Government's purpose is to monopolize violence and coercion in order to protect market actors from those forces so they can trade productively.

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