What are your views in general on Fiat as money? Well, there are huge advantages to the political class.

Right. Because they can produce it either in a direct way through fiscal policy or roundabout way through monetizing debt on the monetary side.

And they can do all kinds of stuff with it. And a lot of times the price for doing that stuff is paid, you know, a decade or two or even generations down the road.

And so they benefit from buying votes in effect.

So absolutely, fighting wars.

There's all kinds of political benefits to be, for the political class.

For us, the, you know, the turf for the gang members um it's all downside

it's all downside hey everybody welcome to the what is money show i am thrilled to have you

here joining me on my mission to help shine light

on the corruption of money. Now, if this is your first time listening to The What Is Money Show,

I strongly recommend that you go back to episodes 1 through 9 first, which lays a lot of the groundwork

for many of the concepts that we explore on the show. These first nine episodes are my series with Michael Saylor, and thousands of people have told me that this is the best

podcast series they've ever heard, hands down, and that it was instrumental to their

understanding of money and Bitcoin. So if you're looking to start a deep dive into the nature of money, I don't think there's any place better that you can start other than episode one of this show.

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