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The Meaning of True Freedom with Nico Perrino (WIM453)
The "What is Money?" Show
The Rise of Keynesian Economics and the Centralization of Currency Production
Keynesian economics gained prominence due to the powerful tool of printing money, which translates to political and physical power. Centralization and monopolization of currency production represent an implementation of absolute power, leading to corruption. This economic theory treats the economy as a machine, managed by a central bank with the ability to steer economic events. However, the economy is more akin to a complex adaptive system like the weather, where prediction is challenging due to the intricate interactions of billions of human minds through price signals and public psychology.
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