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#368: Powell's Shadow War With Davos with Tom Luongo

TFTC: A Bitcoin Podcast

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Incentives Matter, Right?

As a libertarian, you know, in philosophically and as an Austrian economist, economically are the, the following, which is that incentives matter. People always act in their best interest, even if road boxer put up in front of them to keep them from doing what they want to do in the most efficient manner. And so you see Yellen and Gensler and other members of the, of the American government or you see same thing happening in Britain or you see the same thing happen in Germany or see it at the U level or whatever. So everybody who engages in that particular behavior is clearly working for Davos... You're only right about 35% of the time.

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