If there is one overriding economic myth that plagues us today it is the notion that society can do collectively what we cannot do individually: get rich by living today at the expense of tomorrow. It is the doctrine of the political class, professional economists, and central bankers.
RT @AdamPaulMoore: Agreed. We tried sound money with gold, but it was confiscatable.
Gold was too inconvenient for the modern economy.
If only there were some sort of digital gold that was scarce, secure, uncensorable, and could be sent round the world at the push of a button...
Any suggestions? https://t.co/mrySTUhvOA
RT @mises: It’s not hyperbole to say that the political and banking classes have become enemies of civilization.
They’ve sold us a mix of fiscal hedonism and monetary hedonism that threatens to upend the arc of human history. | @jeffdeisthttps://t.co/60KCpvfK53