beefcat 🥩⚡ on Nostr: #[1]

quoting nevent1q…z5sx

“In no period of human history has paper money spontaneously emerged on the free market… In all known historical cases, paper money has come into existence through government-sponsored breach of contract and other violations of private property rights. It has never been a creature of the free market.” — Jörg Guido Hülsmann, The Ethics of Money Production