The 5 traits of money, and why humans choose harder money
Easy FIAT money is a government rule, not a free market choice.
Michael's ongoing series on Substack — a primer on what money is, why fiat is designed to lose purchasing power, and the case for a fixed-supply alternative. Read in order, or jump to a topic.
Easy FIAT money is a government rule, not a free market choice.
But government-issued money does not do this well, and that's the problem.
Understanding why our purchasing power keeps declining starts with understanding how the system is designed.
When money is centrally controlled and infinite, it wreaks havoc across society.
If you know what to look for, you'll be able to find it.
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