Read_765 - "Hoarding" is a Keynesian Slur

September 15, 2023 00:33:09
Read_765 - "Hoarding" is a Keynesian Slur
Bitcoin Audible
Read_765 - "Hoarding" is a Keynesian Slur

Sep 15 2023 | 00:33:09

/

Hosted By

Guy Swann

Show Notes

"This has been one of the most effective psychological operations that has ever been conducted on the public in human history. The high priests of central banking started running with this narrative and people have come to believe that it is a law of physics. Economies cannot operate efficiently unless there is a steady flow of new monetary units being created and introduced to the economy. If new monetary units aren't being created people will hoard their money and grind the economy to a halt." Marty Bent


Today we take another angle of attack against the absurd notion that savers are the ones grifting from society, while the counterfeiters are doing a noble service to save us from the evil, ordinary citizens who have earned money and hope to keep it.

Check out the original article and sub to Marty's Bent at: Higher Savings Rates Are Good for the Economy

Mentioned in the take, you can find the new video Guy's Take series on Youtube or Rumble and by following me on Nostr and Twitter.


A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show!

----------------------------------------------------

"I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we save means that their life will be so much the more abundant. Economy is idealism in its most practical form." — Calvin Coolidge

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

May 15, 2025 01:06:19
Episode Cover

Chat_132 - How to Stack More Bitcoin [THE Bitcoin Podcast]

"You must not work hard for something that somebody else can make an infinite amount of for free at no cost and no contribution....

Listen

Episode

April 13, 2020 00:50:37
Episode Cover

Read_379 - Dont be Misled by Red Herrings - Treatise on Bitcoin & Privacy Part 2 [Giacomo Zucco]

"It is the digital equivalent of your physical bank sending private investigators to follow your every move for days after you withdraw cash at...

Listen

Episode

July 01, 2022 00:29:21
Episode Cover

Read_633 - The Utility of Saving [Pierre Rochard]

"People hold money to hedge against future uncertainty. This is why it is so crucial for a monetary system to optimize for minimizing its...

Listen