Dark⚡J on Nostr: Money is not just a shared delusion, as many interested people would want you to ...
Money is not just a shared delusion, as many interested people would want you to believe. In a free economy, people will naturally coalesce around monies that have specific properties, because they are universally desired attributes that allow efficient economic activity to exist. For thousands of years, gold was the standard chosen by free markets around the world, because it had many of these properties, until the governments of the world figured out how to hijack it via paper markets. They then used their powers to mandate the use of their fiat currencies, which they entirely control.
Published at
2023-07-19 18:24:07Event JSON
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"content": "Money is not just a shared delusion, as many interested people would want you to believe. In a free economy, people will naturally coalesce around monies that have specific properties, because they are universally desired attributes that allow efficient economic activity to exist. For thousands of years, gold was the standard chosen by free markets around the world, because it had many of these properties, until the governments of the world figured out how to hijack it via paper markets. They then used their powers to mandate the use of their fiat currencies, which they entirely control.\n\nhttps://nostr.build/i/cbdf96f18d93430b6810415493f5d835697a1ff7a77a49e429128c34113e1133.jpg",
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