The Economically Productive Life (And a Few Words on Dave Ramsey)
Bright Hearth
00:00
What Is Fiat Currency?
There has never been an example of fiat currency that did not ultimately go into hyper inflation, andan altogether, fail. So how should we be thinking about living in a world where money is kind of like, fake, like that? It's imagination. You could read a book called, i think it's called the creature from jekyl island. And you don't necessarily have to agree with every conclusion that the author makes but he'll give you a really good insight into what our problems are going to be. I mean, look at, look at right now, our inflation is probably at least 20 %, really, year over year. We lost all backing whatsoever, and it was
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