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⚡️Miles Suter⚡️ @WahWhoWah
, 3 tweets, 1 min read Read on Twitter
“All paper money eventually returns to its intrinsic value...zero” - Voltaire
This was true before Voltaire, during his time, and in every case since then; an economic Axiom my Ivy League economics major never discussed.
Instead we were literally told to repeat out loud together in class economic fictions as fact, such as “inflation is always and everywhere a monetary phenomenon.”
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