3min chapter

The "What is Money?" Show cover image

WiM002 - The Saylor Series | Episode 2 | The Rise of Man through the Dark and Steel Ages

The "What is Money?" Show

CHAPTER

The Number One Export of an Empire Is Security, Right?

The pattern i see emerging is a, the beginning of an industry. It's almost as if, if there's not a natural monopoly, there's typically attempted to be imposed a legal monopoly. And this can have some short run benefit, because it establishes standards, but it's at the long run detriment of the market. The monopolist is essentially extracting wealth from other market participants. Ah, but we'll talk abot that more, surely. So en we looked at empires, i love how sailor painted them, and that the number one export of an empire is security,. That's what the us. Is to day, or the imperialist that runs the world. A, we export security

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