Dr Koontz and Rev Fisk follow up the episode on money by talking about its newest form, Cryptocurrency, and its fragility similar to modern centralized banking. They discuss the origins of banking and changes made to it over time by the Dutch, the Swedish, and the English, currency as a mark of sovereignty, and the possibility of digital currency used by a centralized bank to control society.
Dr Koontz and Rev Fisk discuss money and economics, starting with the building of centralized economic systems and the three functions of currency: why it is or isn’t used. They talk about the mercantile revolution of the West, living in a “gift-economy” and avoiding debt, the unnatural aspects and historical uses of money, and the innovation of lending.
Mentioned in this episode: The Ascent of Money by Niall Ferguson.
Dr Koontz and Rev Fisk open the discussion for the new year by asking the question, “what is the Lutheran church?” They talk about the Year of Grace and the trouble ahead of us, including economic difficulties mirrored in the 70s and 80s and the camps proposed in New York. And finally, they discuss the necessity of self-control as a form of assertion and preparing for the future both within and without the system.
Dr Koontz and Rev Fisk talk about media’s warping of your perceived survival situation, increasing economic complexity its slow collapse, surveillance and currencies in a new, isolated economy, and how you’re more likely to survive if you believe survival to be possible.
Dr Koontz and Rev Fisk talk about memory vs nostalgia, the connections between homelessness, mental illness, the factors that lead to random violence and radicalization, good intentions gone awry, and societal problems addressed with more and more medication.