Ever wondered why the government is so powerful? It is due to their monopoly over currency..

Prabhat Singh explains how governments derive so much power due to their control over currency . He explains this uniquely via a question and answer session between two friends.

Superb bit. Couldn’t be a better way. It is a pity that even most economists do not get these basic ideas..


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: