A Better Question
Kent makes the case that monetary policy - not politicians, not parties - is the root engine behind most of government's worst outcomes. From the Cantillon effect to the death of the gold standard, he breaks down why inflation is a tax nobody voted for and why fixing almost everything else starts with understanding the money supply. **Key talking points:** - Why Kent calls 1913 the worst year in American history - the Fed and the income tax born together - Sound money explained: what the sock drawer looks like on the gold standard vs. today - Fiat currency and fractional reserve banking in plain language - The Cantillon effect: new money benefits Washington insiders first - inflation hits the poor hardest - Prices as information - and why price controls and central banking both block that signal - The boom/bust cycle is not a market failure - it is a central banking feature - Challenge to the chat: where am I wrong? Push back.
52 episodios
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