Replying to Avatar GLACA

Very interesting book on the subject of Great Taking.

"The Great Taking" by David Rogers Webb explores the mechanisms and legal structures that allegedly enable central banks and financial institutions to seize control of digital and tokenized assets. Webb, a former hedge fund manager, presents a theory that for over 50 years, laws and financial systems have been designed to facilitate a massive transfer of wealth, particularly during a financial collapse or crisis. The book suggests that this is not limited to the United States but has been harmonized internationally.

https://thegreattaking.com/read-online-or-download

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zhenya 1y ago

and he speaks to why deflation is far more likely than inflation for the global reserve currency/global economy

whereas other nations have to hard or soft default out of debt, the global reserve currency can fuck around with confiscation

...until they cant which is why decentralized, permissionless assets are such a threat

great book

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