
WiM014 - The Booth Series | Episode 4 | Software, Networks, and Society
The "What is Money?" Show
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Ignore the Error Correction
We've been accumulating errors by suppressing the interest rate effectively for 50 plus years. And you can't, you cannot avoid the inevitable correction, like rhemarte set. You're essentially centrally planning an economy with very few people making decisions and there's no history proves you can't do that. It has to be corrected at some point if we would nle is coming yet. Rightita speaks to e the inaptitude of such a planingand i guess the last point, yere, that's really important, is it?
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