David McWilliams

we've got this little scam going called selling indulgences.

And I was wondering, was Martin Luther's hatred of the Catholic or the established Christian church in some way related to the fact that his family kept going bust with silver mines?

I threw it out there and it has been one of the speculative punts that has generated most discourse.

So thank you, Brendan.

I robbed it from you.

Well, I tell you, you heard it here first, and then you read it in Money, a Story of Humanity, that in actual fact what sparks the Protestant Reformation was not some...

religious conversion to part of Martin Luther, but what made him such a cussed, obnoxious, little, angry shite was the fact that his parents had lost a fortune on money and the church was making easy money and he took it out on them and fuck it, did he take it out on them.

Brendan Greedy, the book is nearly out.

It has been almost delivered, The Almighty Dollar.

I want to get into some of the fantastic observations in it, which run counter to the established way we think about money and might lead our listeners to a little bit of clarity.

Now, the first way people think about money, or at least we learn about money, is that money is sovereign.

So some king comes up with some great idea.

And in his realm, he says, here's my coins.

I'm going to put my head on the back of the coin.

We're going to mint these coins.

And in some way, the origin story of money is the origin story of the state.

One of your arguments is that's not true at all.

So let's go to right now, and then we'll go back to history.

Why do you think American sovereignty over the dollar is eroding right now?

Because what we hear is all sorts of speculation.