79. Would Hard Money Fail in a Recession?
The Bitcoin Standard Podcast
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The Inflation That Won the War
If it wasn't for inflation, if they were still all on a gold standard, most likely the war would have ended in a month or two or three or six. The wars were fought between combatant armies in battlefields rather than these total wars were the entire economy and the entire civilian population was deemed a target sine. So people were fighting in cities. And the war was extremely destructive. And pretty much nothing came out of world wor one that mattered.
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