2min chapter

The "What is Money?" Show cover image

Centralized Law vs Decentralized Law with Stephan Kinsella (WiM099)

The "What is Money?" Show

CHAPTER

Law by Fiat Versus Discovery

It seems to me like we're dealing with law by fiat versus discovery, in a way. Where in na, price discovery something that happens in the market place through free, voluntary, mutual exchanges of market participants. But when you introduce this decreed form of money called fiot, it creates a lot of of price dissortion. So i read another little excerpt here a bcause ios. Thnk, this is a great way to frame the the corruption inherent to centralization. Really.

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