26 September, 2021

Video About Economics

Posted by Socrates in economics, economy, federal authority vs. local authority, federal government, federal power, freedom at 4:52 am | Permanent Link

This video makes some good points, e.g., if everything economic is local (and not federal/country-wide), the federal government can’t control the citizens. Localize everything and then the federal government will have great difficulty controlling the citizens (“doing things at scale” [big] vs. “not at scale” [small]). Also, a good point about central currency.

[Video, 15 minutes].

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