2min chapter

The "What is Money?" Show cover image

Money, Violence, and The State with Brent Johnson (WiM 032)

The "What is Money?" Show

CHAPTER

Government Is the Biggest Buyer in the Market Place

Government is inherently non free market, because they are a monopolis, as we' said. I don't know that there is a solution to not having this natural nopoly on violence emerge in the market place. So long as we conduct ourselves in physical reality, and we have to have physical transfer of goods and services, we need physical security,. so it's always going to kind of centralize to one guy. But i would argue, they even describe really well the consequences of state intervention.

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