#2 Centralization of Power in Future Money
Konsensus Network
Max Hillebrand hosts Nico and Rafael to examine how fiat money's Cantillon effect—where those receiving newly printed money first gain purchasing power—concentrates wealth, while Bitcoin's fixed supply and no central issuer prevent this. Drawing from Rothbard's analysis of cartels and Menger's regression theorem, they argue Austrian economics shows voluntary exchange and private property allocate

https://relay.towardsliberty.com/a516dc59edec572b158d581b5c137a8c05b9730e57c92aa23fe620f227c2c724.mp4