I think money in and of itself is meaningless. Wealth is accurately measured in capital, and they are certainly not the same thing, contrary to widely held beliefs.
Discussion
Yes. Capital misallocation is the fiat way which destroys wealth.
I think money in and of itself is meaningless. Wealth is accurately measured in capital, and they are certainly not the same thing, contrary to widely held beliefs.
Yes. Capital misallocation is the fiat way which destroys wealth.