4.8 • 710 Ratings
🗓️ 8 March 2023
⏱️ 65 minutes
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0:00.0 | One half was implementing socialist policies. |
0:03.2 | One half was implementing more free market capitalist policies. |
0:06.5 | And the observed conditions that resulted from that implementation could hardly be more stark to the point where they literally had to build. |
0:17.2 | What did he describe here? |
0:19.4 | Walls, barbed wire, electrified fences, minefields, automatic shooting devices, watchtowers |
0:24.2 | for a 900 mile stretch to keep people from exiting the socialist regime and escaping into the capitalist regime. |
0:33.6 | I would imagine that the North Korea, South Korea distinction also would be another really good example of this. |
0:42.1 | I think I've read that like even the height difference among the South Koreans, North Korean, like is several inches of height difference. |
0:50.1 | Like they're shorter because they're malnutrition and whatever. |
0:54.6 | So I do think that the East German, West German, and the North Korea, South Korea examples are two of the best to illustrate the harmful effects of socialism. |
1:08.0 | Hey, everybody. Welcome to The What is Money Show. I am thrilled to have you here joining me on my mission to help shine light on the collection of money. |
1:21.3 | Now, if this is your first time listening to The What Is Money Show, I strongly recommend that you go back to episodes one through nine first, |
1:29.4 | which lays a lot of the groundwork for many of the concepts that we explore on the show. |
1:33.6 | These first nine episodes are my series with Michael Saylor, and thousands of people have told me |
1:39.0 | that this is the best podcast series they've ever heard, hands down, and that it was instrumental to their understanding |
1:45.6 | of money and Bitcoin. So if you're looking to start a deep dive into the nature of money, |
1:52.0 | I don't think there's any place better that you can start other than episode one of this show. |
1:57.2 | Now, a little bit about this show and how it makes money. What is Money Show is 100% sponsor-based. |
2:03.6 | So all of our revenues are derived from direct sponsorships. |
2:07.1 | And I strive to be very selective about the sponsors that I work with, specifically only |
2:12.4 | using sponsors that I use personally and also choosing sponsors that have values which are well aligned to the values |
2:19.4 | expressed on this show, such as freedom, education, self-sovereignty, et cetera. So what I'm going to do |
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