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Podcast: Thorsten Polleit
Episode: Ep. 270 | DENATIONALISATION OF MONEY
Description: From an economic point of view, the current state of monetary affairs in this world is rather unsatisfactory, to put it mildly. Our fiat monies are inflationary, socially unjust, they cause crises and lead to over-indebtedness, and they allow the states to become bigger and more powerful – at the expense of civil and entrepreneurial freedoms and liberties. And don’t we forget: Fiat money is the money of war. It is against this backdrop that there are important lessons that can be learned from Hayek’s “Denationalisation Of Money”. A free market in money will end chronic inflation, money-driven boom & bust and t...