IPFS News Link • Internet
The Bottom Up Revolution of Truth Continues, One Industry at a Time
• Dollar VigilanteI'm usually thinking specifically of the hazards associated with central banking and fiat currencies, ideas brought to the west only a few centuries ago to support fractional reserve banking, a scheme that produces a recurring "cluster of errors" – i.e., and boom-bust cycle – in its wake. It has fueled popular delusions of grandeur and manias from tulip speculation to world conquest, and is responsible for many economic collapses.....