Lawrence Reed - A Tyranny to Remember...Can This Happen Again?

Summary

In this compelling episode, Dr. Lawrence Reed delves into the historical account of Wang Mang, a Chinese emperor whose brief reign serves as a timeless warning against the dangers of concentrated power and tyranny. Through a detailed exploration of Wang Mang's rise to power, his economic policies, and the subsequent societal impacts, Dr. Reed draws parallels to modern-day issues of power concentration and wealth redistribution. Join us as we uncover the lessons from history that remain relevant today, emphasizing the importance of vigilance and education in safeguarding freedom. Join us for an enlightening discussion that challenges us to reflect on the past to better understand our present and future.

Disclaimer, information and views expressed in this video does not constitute financial advice by any party nor does it represent the view(s) of Silver Bullion Pte Ltd.

Timestamps

00:00 Introduction
01:21 A Tyranny to Remember
02:47 A warning to remember
03:52 Concentrating power
06:00 Wealth redistribution what are the pros and cons
08:58 What are the times in history we saw a wealth redistribution
11:40 The cost of wealth redistribution
14:07 Could wealth redistribution succeed
15:37 A Marxist before a Karl Marx
17:49 Debasing the currency
19:57 Issuing a new currency is not new
22:10 Bringing in a CBDC or cashless currency
23:54 Reforms that offer hope and offer worry
26:34 Why the topic of Wang Mang
27:53 What the Foundation for Economic Education does

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