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Saifedean Ammous: The Fiat Standard and Debt Slavery
The Fiat Standard:
https://saifedean.com/the-fiat-standard/
BUY THE BOOK:
https://saifedean.com/tfs-btc/
The Fiat Standard is Saifedean Ammous's attempt to explain the technology behind the current analog global monetary system. Similar to how The Bitcoin Standard explained the functional essence of bitcoin and its potential social and economic implications, this book examines twentieth century monetary technology and explains its benefits and drawbacks, and its many modes of failure.
The origin of government control of money came from the limitations on the spatial salability of gold, which…
The skinny
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