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Kings, knights and the magic money tree

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Manage episode 519522128 series 3475482
Content provided by Richard Murphy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Richard Murphy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Most people in the UK still believe in the power of royalty — and the power of the honours system. We accept that a knighthood is created from nothing with a tap of the King’s sword. Yet many refuse to accept that the government creates money in exactly the same way: by tapping a few keys on a keyboard.

In this video, I explain why knighthoods and money share the same foundations: state authority, public trust, and responsible stewardship.

Money is not limited. Knighthoods are not limited. Both can be over-issued. Both can be under-issued. And both are destroyed when they’re no longer needed.

If you believe in the power to create honours, you already believe in the power to create money — even if you’ve been told otherwise.

  continue reading

311 episodes

Artwork
iconShare
 
Manage episode 519522128 series 3475482
Content provided by Richard Murphy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Richard Murphy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Most people in the UK still believe in the power of royalty — and the power of the honours system. We accept that a knighthood is created from nothing with a tap of the King’s sword. Yet many refuse to accept that the government creates money in exactly the same way: by tapping a few keys on a keyboard.

In this video, I explain why knighthoods and money share the same foundations: state authority, public trust, and responsible stewardship.

Money is not limited. Knighthoods are not limited. Both can be over-issued. Both can be under-issued. And both are destroyed when they’re no longer needed.

If you believe in the power to create honours, you already believe in the power to create money — even if you’ve been told otherwise.

  continue reading

311 episodes

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