Dark⚡J on Nostr: The Roaring 20s were a time of seemingly abundant wealth, propped up by ever ...
The Roaring 20s were a time of seemingly abundant wealth, propped up by ever increasing money printing. Then, all of a sudden, something happened and everyone was left with nothing. Their perceived wealth, which was driven by increased liquidity flows, but not by an actual increase in productive output, was not actually wealth. It was merely an illusion. Once all of the resources were spent, and the payments came due, reality set in. This all might sound familiar.
Published at
2023-10-03 02:36:06Event JSON
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"content": "The Roaring 20s were a time of seemingly abundant wealth, propped up by ever increasing money printing. Then, all of a sudden, something happened and everyone was left with nothing. Their perceived wealth, which was driven by increased liquidity flows, but not by an actual increase in productive output, was not actually wealth. It was merely an illusion. Once all of the resources were spent, and the payments came due, reality set in. This all might sound familiar.",
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