He treats digital currency as financial repression because eliminating cash enables transaction monitoring and limits on what people can buy.
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Cash
He treats digital currency as financial repression because eliminating cash enables transaction monitoring and limits on what people can buy.
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"...is the idea of financial repression. So they're trying to eliminate cash because with cash, there's freedom. You, you can do whatever you want..."
"...they go okay we have all this wealth but we need cash we need you know it's about cash flow not necessarily about assets..."
"...then on a constant basis be bringing these giant pallets of cash which were then being of course distributed out to these warlords and..."
"...us that you know she wanted us to move away from cash of course in my mind this is all about control but here..."
"...there is two men, the king and the secretary, giving out cash, giving out money to the soldiers. They look the same, they dress..."
"...to get into Harvard. At the same time, look at the cash of Harvard. Okay? This is called the endowment. The amount of money..."
"...the rich immigrants. Let's let in the poor immigrants to pour cash into the economy. Let's let in poor immigrants so that they work..."
"...between men and men than naked self -interest than callous self -cash payment. Okay? So remember capitalism it is an all -expanding all -encompassing..."
"...to feed the people. Right? They want to grow food as cash crops for export. So suddenly for the first time in its history,..."
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