ABitSpicy on Nostr: From page 171 of The Bitcoin Standard by saifedean. How true these words are in ...
From page 171 of The Bitcoin Standard by saifedean (npub1gdu…6nak). How true these words are in today's centrally planned economy.
"Further, the move from gold, which is money that nobody can print, towards fiat currencies whose supply is controlled by central banks further reduced people's sovereignty over their wealth and money as central banks inflated the money supply to fund government operations. It became increasingly impractical to accumulate capital and wealth without the permission of the government issuing that money".
https://saifedean.com/tbs
"Further, the move from gold, which is money that nobody can print, towards fiat currencies whose supply is controlled by central banks further reduced people's sovereignty over their wealth and money as central banks inflated the money supply to fund government operations. It became increasingly impractical to accumulate capital and wealth without the permission of the government issuing that money".
https://saifedean.com/tbs