2min chapter

The "What is Money?" Show cover image

Bitcoin Fixes The Great Reset? with Chris Sullivan (WiM171)

The "What is Money?" Show

CHAPTER

Zombi Companies

Zombi companies are firms so cash trapped that they cannot pay off their debt. They have to pay interest on existing debt with new debt, which is a sombe any but what does it do to society? It directs productive resources to an unproductive outcome and dulls us into sleep. If we're tired, drugged, malnutrition andn and anxious, are we going to create anything worth creatingof?

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