Joshua on Nostr: Correlation is not causation. I don't have data, but for sake of argument, you could ...
Correlation is not causation. I don't have data, but for sake of argument, you could say we experienced all the growth and progress despite fiat money. Imagine how much more advanced western civilization could be if we maintained a hard money standard for the last 100 years. If we hadn't experienced a century of capital misallocation incentiveised by fiat currency, what would global society look like today?
I might be wrong, but it bears considering.
Published at
2024-08-07 19:25:28Event JSON
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