2min chapter

The "What is Money?" Show cover image

The Liquidation of Government Debt | The Lyn Alden Series | Episode 1 (WiM187)

The "What is Money?" Show

CHAPTER

The Bottom of the Game Is Gold

The bottom of this game does seem to be gold ultimately. The ability to enforce those types of policy actions is really premised on your, you know, the strength of your law,. And then military strength and a large population that is organized rather effectively. So you' do' bas it yef. If you can get that, that access to gold, natural resource organization, military, then you're essentially the one that can write the rules. Well. Ye? Like tweaking the game board, right? The incentives in the rules of the game so slightly to tilt aggregate behavior in the direction you desire. Yesalacy maker, so interesting. Ah, it is so interesting that the,

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