What is Nostr?
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npub1duk…uv5t
2024-07-29 16:13:30

Nate on Nostr: A hard-money standard of any money can never survive long-term so long as its state ...

A hard-money standard of any money can never survive long-term so long as its state intends to operate at a deficit.

You can't run a trade deficit on a hard-money standard, just like you can't afford an unpopular war.
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