AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is It Coercive?
It's really this idea that there are cost benefit considerations being made by government and how they're going to impose these am channels of financial repression, for lack of a better term. The easiest one would be kind of the moral suasion you describe with turkey, saying, oh, it's your patriotic duty to hold lyra, not these other currencies. Ah, we've seen that historically too. I, there's always, i, in like soviet russia, there used to be this appeal to just nationalistic faith and devotion. You just do it for the love of mother russia. And that was going to be the fix to the economy. This is kind ofa