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The Most Important Question in the World Today | Episode 8 | (WiM388)
The "What is Money?" Show
The Opposite of Broken Money
Authoritarian governments that collected all the money and didn't allow individual rights suffered, while economies with rule of law and individual rights experienced faster growth. However, over time, money becomes more influential and those with wealth can change laws to their advantage. This leads to a erosion of laws that protect the people at the bottom, prioritizing the interests of those at the top. The presence of strong laws does not necessarily correlate with broken money. In the US, there is a need for more transparency in the financial system, which may require erosion of some individual rights and freedoms.
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