“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.”
The article provides a broad understanding of critical issues of money and a fundamental solution to the existing and detrimental effects of inflation - the bitcoin. Everyone should read this article if they want to have a clearer view of what money is and what can be utilized to be protected from the risks of inflation.
Feb 4, 2022·edited Apr 14, 2022Liked by Kudzai Kutukwa
BRILLIANT THINKING IS RARE, BUT COURAGE IS EVEN IN SHORTER SUPPLY THAN GENIUS.( PETER THIEL) WELL AFTER READING SUCH ARTICLES YOU UNDERSTAND THAT ONCE IN 100 YEARS GOD GIVES SUCH A GREAT GIFT TO THE WORLD THAT HAS IT ALL - GENIUS, HAS BRILLIANT THINKING AND COURAGE! THANK YOU!
The article provides a broad understanding of critical issues of money and a fundamental solution to the existing and detrimental effects of inflation - the bitcoin. Everyone should read this article if they want to have a clearer view of what money is and what can be utilized to be protected from the risks of inflation.
BRILLIANT THINKING IS RARE, BUT COURAGE IS EVEN IN SHORTER SUPPLY THAN GENIUS.( PETER THIEL) WELL AFTER READING SUCH ARTICLES YOU UNDERSTAND THAT ONCE IN 100 YEARS GOD GIVES SUCH A GREAT GIFT TO THE WORLD THAT HAS IT ALL - GENIUS, HAS BRILLIANT THINKING AND COURAGE! THANK YOU!
wonderful...cant wait for to run over this