Sovereignty in the 21st Century | The Balaji Series | Episode 1 (WiM115)
The "What is Money?" Show
00:00
Then There's the War, You Know?
San francisco people will block neighbouring developments because of shadowsum. War is a race to the bottom, in a sense, where one society can spend and borrow more than the other. The short time preference state knocks out and kills the long time preference one. There's actually good steroids that give you benefits without harm - but only if there are only bad stories.
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