
A System of Stratified Lies | The Weinstein Series | Episode 4 (WiM095)
The "What is Money?" Show
00:00
Embedded Growth Obligation K Fabrication
We have divorced the symbol of money from its referent, the dollar, from gold. This introduces what i describe as a pyramid scheme - one group that can produce these certificates at the expense of everyone else who's forced to use them. So when that surplus starts to run out, this thing really inflation explodes, and eventually the whole system just ends in the crack up boom or hyper inflation.
Transcript
Play full episode