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WiM047 - The Saylor Series | Episode 11 | The Failures of Fiat
The "What is Money?" Show
The Biggest Misapplication of Capital by Onchipeners
Oncipeners are unable to properly conceive or perceive of the world, then they're led into a misapplication of capital. This is the boom and bus business cycle that we all think is completely normal. And it just ens we have thes gigantic economic crises every ten or so years. This is a direct consequence of manipulation in the market for money by central banks. But full stop. There's always volatility - but the market is what clears errors. You never want to build your house on sand r so why would you want to buld your civilization on a fluctuating currency, on an uncertain rule system?
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