Money produced out of thin air, so called fiat money, is a major historical outlier, and the few historic examples have all failed miserably. This time is no different.
Money produced out of thin air, so called fiat money, is a major historical outlier, and the few historic examples have all failed miserably. This time is no different.
Totally. But man, it sure lasted A LOT of time. Over 100 years and still kicking. (Or 50 if you set the pin on 1971)
