The Mises Institute may sound like an academic institution, but it’s actually an organization dedicated to promoting the Austrian school of economics and libertarian ideals. And when it comes to money, they know what they’re talking about.
On today’s I’m joined by Tho Bishop to talk about how of all the economic problems, money is possibly the most tangled, and perhaps where we most need perspective.
Tho talks about how inflation is a tax on savers, and why this hurts everyone who isn’t rich. He also explains why central banks are not necessary, and how governments have ruined our money for centuries—and continue to do so today.