Nick Land on Power, Force, and Fiat Currency | 7/17/23
The Auron MacIntyre Show
00:00
The Purest Manifestation of Power
Lance Essay: Real economic power is not realized. It simply exists through promises like fiat currency. If people will take pieces of paper with no value and no backing to them that cannot be exchanged directly for some kind of specie currency, right? They will treat that as a store of real value. Now you have economic power because you don't even have to manifest it. Someone can show up to your gold window with a dollar bill and you can just laugh in their face. You don't need to manifests that economic wealth for them. But if you built an economic empire on the idea that your Fiat currency is the standard and it has not been tested then you have this amazing power
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