The psychological impact of a lifetime within a fiat money economy cannot be underestimated. With more wealth seemingly available at the click of a computer button, refusal to spend more on government programs must stem only from cruelty and greed.
Transitioning to a cashless society is a natural fit for the authoritarian regime in Beijing — and one that has long been sold as “benign” by the more “liberal” globalist elite.
Prof. Bylund discusses his native Sweden, and why we can't understand economics without understanding the entrepreneur, and how the entrepreneur is absolutely central and essential to a growing economy.
