Oddbean new post about | logout
 That makes a lot of sense. I forget what corporations could be like without the States protection. 
 Yeah it’s all about scale of imbalance and the long term sustainability of systemic fraud. Sound money destroys the ability to scale violence and fraud both in size and then also its sustainability across time. It won’t solve violence or corruption, it will only make it smaller and more distributed.

Thus there are likely to be more prominent mafias and smaller violent rackets of sorts, but these have always been there, only overshadowed by the massive mafia of the state. So these others will simply be more visible due to the lack of control and prominence of the nation state. 

Similar to how few people are concerned about a roach problem while their house is on fire. 
 I appreciate the thoughts. Thanks for shedding some light on the subject.