VIDEO: Ten Minute Lesson on the Nature of Money
By Vlad Tepes Blog
I was sent this by a gentleman who has a financial magazine read by some of the top people in finance. This is not my field and am uncomfortable even thinking about it in some ways. But I am reliably informed by a few people now, that there is truth in this world view, and profundity. In fact, this is not the usual video about how things work or what to invest in, so much is its an attempt to explain an entire world view about how money is created and destroyed, what wealth is, and so on. I plan to watch it a few more times and hopefully develop an understanding that gives me some predictive ability.
To the extent that I get it now, it doesn’t necessarily change much. It still appears that we are moving from a more or less credit driven free market system into what might be a more controlled feudal system. I dunno. Hopefully this offers insight. Looking forward to the comments on this.
EDITORS NOTE: This Vlad Tepes Blog column by Eeyore is republished with permission.
This article is courtesy of DrRichSwier.com, an online community of citizen journalists, academics, subject matter experts, and activists to express the principles of limited government and personal liberty to the public, to policy makers, and to political activists. Please visit DrRichSwier.com for more great content.