And yet people hold on to their ideas about money as though religion, and so we cannot be a modern nation with modern amenities, and the suffering shall continue. Because we think we can run out of fiat.
Wednesday, April 27, 2016
The government cannot run out of money
h/t @StephanieKelton: "Permit me to translate Greenspan: 'It's about real resource constraints not financial constraints.'"
And yet people hold on to their ideas about money as though religion, and so we cannot be a modern nation with modern amenities, and the suffering shall continue. Because we think we can run out of fiat.
And yet people hold on to their ideas about money as though religion, and so we cannot be a modern nation with modern amenities, and the suffering shall continue. Because we think we can run out of fiat.
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