The Daily Reckoning
We open today’s reckoning with a hypothesis:
The current monetary system debauches the culture.
Long-suffering readers are familiar with our… diminished regard for paper money.
Paper money — or digital money nowadays — is the great bogeyman of the boom/bust cycle. It inflates bubbles of every model and make.
Meanwhile, paper money fuels big government… as oxygen fuels fire.
But paper money’s effects on the culture?
Cont....
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