Central Banking is a Confidence Game | The Snider Series | Episode 6 (WiM106)
The "What is Money?" Show
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Is There a Benefit to Continuing the Game?
Economic history is essentially unfalsifiable, right? They can always just say, well, it would have been worse had we not don this. So there's no, you can never call their bluff. But theres no counterfactual to establish it. That kind of keeps the emotionaln the emotional anchor to the game going.
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