14min chapter

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Fed Rate Cut: Is It Too Late? | Macro Alf

Bankless

CHAPTER

Debasement and the Dollar: A Monetary Analysis

This chapter explores the transition from a gold standard to a fiat currency system, examining the implications of currency debasement and inflation on the economy. It discusses how government deficits and monetary expansion contribute to rising asset prices and anticipates future demographic shifts that may demand more equitable policies.

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