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3min chapter
Money: The Most Beautiful Lie? with Santiago Velez (WiM090)
The "What is Money?" Show
Is There a Religious Quality to These Useful Fictions?
Inflation is effectively just harvesting the productive surplus of the economy, rightso people are trading and enevating. So their literally jus ust harvesting is just taxation. And so i think this maybe a perverse consequence. I've been thinking of is like, for all the potential liberty afforded by the digital age, in bit coin, i think maybe early on, it actually benefited the central bank complex by giving it more runaway.
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