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Saifedean Ammous @saifedean
, 5 tweets, 2 min read Read on Twitter
Reread this excerpt of Theory of Money and Credit as it came up in my timeline today. Priceless stuff. mises.org/library/princi…
Sound money isn't defined by any physical characteristics, but by the fact that it is chosen on the free market.
Your government having its own shitcoin is why your government is so dangerous.
The only "problem with the gold standard" is that statist idiots destroyed it. More generally, the problem with the gold standard is that statist idiots can destroy it.
If your system of representative government is not functioning, you might want to get that monetary system checked.
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