Episode 334
Show 2021-17 Segment 2 Could Government Micromanage YOUR Money? It's Been Done Before
The American Institute For Economic Research’s Peter Earle gives us his perspective on the push for digital currency and the effects that could bring to society. Digital currency – which is different from cryptocurrency – could be manipulated by governments seeking to micromanage economies, according to Earle. A specific example of this possibility is the idea that governments could put expiration dates on monies in order to stimulate spending. That’s actually been done before.
American Viewpoints · Peter Earle
May 9, 20219m 3s
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Show Notes
The American Institute For Economic Research’s Peter Earle gives us his perspective on the push for digital currency and the effects that could bring to society. Digital currency – which is different from cryptocurrency – could be manipulated by governments seeking to micromanage economies, according to Earle.
A specific example of this possibility is the idea that governments could put expiration dates on monies in order to stimulate spending. That’s actually been done before.
Topics
american institute for economic researchcryptocurrencyeconomyaiercurrencydigital currencyeconomicspeter earle