But when States did debase the coinage, it was always from purely fiscal motives. The government needed financial help, that was all; it was not concerned with questions of currency policy.
The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property.
What is called “orthodox” economics is in most countries barred from the universities and is virtually unknown to the leading statesmen, politicians, and writers.
The expectation of rising prices thus has the tendency to make the gross rate of interest rise, while the expectation of dropping prices makes it drop.
Inflation can be pursued only so long as the public still does not believe it will continue.
Once the people generally realize that the inflation will be continued on and on and that the value of the monetary unit will decline more and more, then the fate of the money is sealed.
404K Followers 1K FollowingAuthor of The Bitcoin Standard, out in 39 languages, The Fiat Standard & Principles of Economics! Teaching Economics courses on https://t.co/srXwWrDOPt!
786K Followers 921 FollowingFounder of Lyn Alden Investment Strategy. Blended finance and engineering background. Author of Broken Money. GP @egodeathcapital. BoD at https://t.co/FHNz9MBftH.
433K Followers 4K FollowingFreedom Maximalist. #Bitcoin. Creator of the "What is Money?" Show: a podcast about Wisdom, Intelligence, and Meaning. (reposts ≠ endorsements)
26 Followers 516 FollowingEverything From Politics to Tech | Raised in 🇺🇲, living in 🇮🇱 | Proud Westerner & Anti-marxist | like/repost/quote ≠ endorsement
576 Followers 1K FollowingFrom the future Metaplanet Space Fleet. Sent back in time to save humanity from evils of fiat inflationary theft. $MTPLF🚀 Hodl rhymes w modal. Parody account
601 Followers 2K FollowingFOREVER’S GONNA START TONIGHT! AbramsX fan! Former Auth Rightoid. IP and Copyright is nonsense. 🇵🇭NAPist! Inexperienced currently but learning slowly however.
195 Followers 311 FollowingAnarcho-Objectivist, bisexual twink, 17, proud tracer, young and very ambitious and thats based! staunch anti-theist, steel-pilled, NAPist
Member of Waffen-$$
350 Followers 8K FollowingInfinite Energy+Win From Within+Simplicity Is The Ultimate Sophistication+Unit Thousand+WEB3+New Money+Not A Financial Advice+Do Your Own Research
404K Followers 1K FollowingAuthor of The Bitcoin Standard, out in 39 languages, The Fiat Standard & Principles of Economics! Teaching Economics courses on https://t.co/srXwWrDOPt!
786K Followers 921 FollowingFounder of Lyn Alden Investment Strategy. Blended finance and engineering background. Author of Broken Money. GP @egodeathcapital. BoD at https://t.co/FHNz9MBftH.
559K Followers 1K FollowingBitcoin & Books. Cofounder of TIP. GP @egodeathcapital. Advisor at @primal_app and @debificom. I buy Bitcoin at @River. Nostr: https://t.co/DZDhdYp55P
1.2M Followers 290 FollowingI do numbers, mainly #Bitcoin related but not always. I only post here, all other channels including Telegram are scams. Partner: @bitcoinvector and @crestfund
5K Followers 50 FollowingAuthor of Fiat Food, Drudge Revolution, Newtown, and more. My family inspired @AppleTv #HomeBeforeDark Formerly @NYDailyNews. Father of four girls n 2 dogs.
20K Followers 4K FollowingBitcoin and @sherinzy since 2015 | Talking at https://t.co/9RIz3i1BxC | Gift Bitcoin using the @Fold_App Bitcoin Gift Card ⬇️ | Opinions are my own
79K Followers 290 FollowingAuthor - Gradually, Then Suddenly, available exclusively for sale at https://t.co/mm64I0V2H1. Head of Business Development at https://t.co/yCL9SdZKoK working on #bitcoin payments.
4K Followers 205 FollowingFollow for #bitcoin education, guides, and visuals by @BitcoinMagazine • Enroll in our free course to learn the bitcoin basics 🎓
348K Followers 2K FollowingFounder & President, Forest for the Trees (FFTT). Author of "The Mr. X Interviews, Volumes I & II.” I never solicit via DM's. RT not endorsements.