What is Nostr?
enlund / Martin Enlund
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2024-07-28 11:28:30
in reply to nevent1q…nm4g

enlund on Nostr: Technically true. But what matters is not the name put on something, but its real ...

Technically true. But what matters is not the name put on something, but its real effects:

While not technical defaults, what do you make of:
1933: Executive Order 6102 and the1934 devaluation of dollar
1965: Elimination of silver from many coins
1970: All silver removed from coins
1971: De-pegged dollar from gold (triggered the oil price shock)
2008 onwards: Financial repression via regulation and QE
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