
WiM024 - The Frisby Series | Episode 5 | Taxation in History and Modernity
The "What is Money?" Show
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We're the Super Powers, Ta.
In America, there's sometimes this sense of american exceptionalism. This s just maybe a silly patriotic notion where people think we're the super powers. We happen to have this geographic advantage that played out over 100 years or centuries. You tend to have a super power that rises for some time and then declines. That ultimately leads to breakdown in trade,. loss of wealth and eventually a centralization, yes, centralization, and societal collapse.
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