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#178 – Michael Malice and Yaron Brook: Ayn Rand, Human Nature, and Anarchy
Lex Fridman Podcast
Capitalism Is the Negation of the Fed
The financial crisis was blamed on capitalism, although it was actually caused by the Federal Reserve. Capitalism advocates for getting rid of the Fed and allowing competition for currency. While some believe Bitcoin would win, the author values freedom and free choices. They assert that the government and banks have a close relationship, but it's not an equal partnership. Banks have been regulated by the state since the establishment of the United States.
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