Gustavus on Nostr: Finally getting around listening to this staple! Fascinating (and devastating) how ...
Finally getting around listening to this staple!
Fascinating (and devastating) how Europeans eroded the wealth of some African people groups by obtaining/stealing their #wealth (in the form of other assets) through cheap production of the local #monetary exchange (glass beads).
Essentially what the government does now. Prints fake currency and purchases real #assets. Stealing #wealth from the middle class by further elevating the hurdle to buy into asset classes.
#assets #bitcoin #bitcoinstandard #wealth #wealthcreation #money #history #economy
Fascinating (and devastating) how Europeans eroded the wealth of some African people groups by obtaining/stealing their #wealth (in the form of other assets) through cheap production of the local #monetary exchange (glass beads).
Essentially what the government does now. Prints fake currency and purchases real #assets. Stealing #wealth from the middle class by further elevating the hurdle to buy into asset classes.
#assets #bitcoin #bitcoinstandard #wealth #wealthcreation #money #history #economy