Monetary Realism

Understanding The Modern Monetary System…

‘Monetary Realism’

Debasement? Not so much

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One of the continual complaints about fiat money is the complaint about debasement. “Fiat money has lost 98% of its value if you take into account inflation” – this is something you’ll hear from gold bugs like Peter Schiff nearly every time they open their mouths. I had a brief twitter interaction with Steve Waldman… Read More