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Saifedean Ammous: The Fiat Standard & The Reversal of Civilization

The Bitcoin Matrix

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The Killer Absef A

The way this score card works is you need to be in debt like it's a game. Banks are the masters of the running up a negative tab on fiat. They want to always be borrowing. The world took an insane turn because governments and banks could both benefit from this. If we suspend gold and we stop using gld as money, then we can do all the fractional reserve banking that we want," he says. "You guys can finance all the war and destruction that you want"

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