CATLANTIS on Nostr: Also, one part I did highlight in chapter 1 was this: “Free-market monetary ...
Also, one part I did highlight in chapter 1 was this:
“Free-market monetary competition is ruthlessly effective at producing sound money, as it only allows those who choose the right money to maintain considerable wealth over time. There is no need for government to impose the hardest money on society; society will have uncovered it long before it concocted its government, and any governmental imposition, if it were to have any effect, would only serve to hinder the process of monetary competition.”
That was pretty deep and we can see parallels today.
“Free-market monetary competition is ruthlessly effective at producing sound money, as it only allows those who choose the right money to maintain considerable wealth over time. There is no need for government to impose the hardest money on society; society will have uncovered it long before it concocted its government, and any governmental imposition, if it were to have any effect, would only serve to hinder the process of monetary competition.”
That was pretty deep and we can see parallels today.