The "What is Money?" Show

Jungian Psychology, Addiction, and Money Printing w/ Stephen Diangelo (WiM588)

20 snips
May 30, 2025
Stephen Diangelo, an expert in Jungian psychology and addiction, delves into the fascinating parallels between individual addictions and societal issues like money printing. He discusses how both addiction and financial practices can lead to cycles of instant gratification, revealing the deception and consequences tied to each. Highlighting the psychological influences of addiction, he emphasizes the importance of self-awareness and honesty for personal growth. The conversation also touches on the concept of the 'Devouring Mother' in economics, exploring personal responsibility and the transformative potential of cryptocurrencies.
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INSIGHT

Money Printing As Addiction

  • Money printing resembles addiction by creating immediate gratification but future costs.
  • Central banking lies like fractional reserve banking distort the reality of value backing currency.
INSIGHT

Addiction Hijacks Dopamine System

  • Addiction hijacks the brain's reward system by seeking immediate dopamine hits.
  • Sustainable motivation involves effortful pursuit culminating in higher long-term reward.
ANECDOTE

Addiction's Self-Deception Trap

  • Stephen Diangelo shared how addiction includes deep self-deception about priorities.
  • Even in honesty moments, addicts may rationalize destructive behaviors to justify them.
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