WiM047 - The Saylor Series | Episode 11 | The Failures of Fiat
The "What is Money?" Show
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Is Credit Base Money Better Than Debt Base Money?
Inflation is a monstrosity in the world economy, i don't think overstating it. We've been conditioned by cansian propaganda and trad a economic curriculum to think that it's a normal part of economic activity. The dollar is actually worth less than what we perceive its value as being. And you know, against as saylor says, there's no engineering system in the world that would tolerate such a high error rate. Or another way of saying this is like leakage of energy, that instrument that is designed to express value or energy across space and time, is just bleeding out.
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