The "What is Money?" Show cover image

Fix the Money, Fix the World with Lawrence Lepard (WiM469)

The "What is Money?" Show

CHAPTER

Challenging Keynesian Economics and Questioning Monetary Systems

The chapter critiques Keynesian economics for its emphasis on perpetual growth through debt, advocating for efficiency and productivity improvements instead. It delves into the negative effects of manipulating interest rates to zero, leading to malinvestment and bubbles in the economy. The conversation also explores the intrinsic flaws of current monetary systems, discussing the disconnect between debt, money creation, and inflation calculations.

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