The "What is Money?" Show cover image

WiM058 - The Hillebrand Series | Episode 5 | Crime and Punishment

The "What is Money?" Show

00:00

What's the Difference Between Promises and Transfers of Property?

When you just make a promise, no property has been transferred. If that promise was conditional on i give you a thousand dollars now, i transferred title to property,. and you're promising to pay me 11 hundred dollars in a year, right there. It's not just a promise. It's a promise attached to property. And this is also his argument why slavery is impossibleou because you cannot sign yourself into slavery precisely because you will change your mind in the future.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app