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Podcast: American Viewpoints
Episode: Show 2021-17 Segment 2 Could Government Micromanage YOUR Money? It's Been Done Before
Description: The American Institute For Economic Research’s Peter Earle gives us his perspective on the push for digital currency and the effects that could bring to society. Digital currency – which is different from cryptocurrency – could be manipulated by governments seeking to micromanage economies, according to Earle.
A specific example of this possibility is the idea that governments could put expiration dates on monies in order to stimulate spending. That’s actually been done before.