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Submission to Truth is Freedom | The Twilight of Gold Series | Episode 3 (WiM137)
The "What is Money?" Show
Price Stability, Is It a Skim?
Price stability is a mechanism designed to make sure that senior edge remains profitable. What price stability actually does is it cloaks the fact that things should be getting cheaper. People in general have a sense that things are noh, great. The price level staying the same. We get even wealthier, rightin like a compounding or expedential way. So i think ultimately, thats the role that price stability has served, is that, like, people can collect seniorage and no one'll know it. It's a skim. Far sar would say, it's a skim, or a yack, as they call it mi casino.
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