Riding the train to work, nose buried in The Fiat Standard, I steal glances at the people around me.
Tired faces, hopeless, scrolling phones, sipping overpriced coffee. I wonder: how many of them know that central banks are quietly debasing their money, stealing their time?
The cost of living keeps climbing, and I overhear a guy grumbling about grocery prices. He doesn’t know we’re still paying the price from the 2020-2021 money-printing spree.
Cantillon nailed it, those closest to the printer got rich: stocks soared, real estate hit record highs. Meanwhile, life for the rest of us got 50-100% pricier in just five years. But sure, let’s call inflation “transitory” and Bitcoin a scam.
Tired faces, hopeless, scrolling phones, sipping overpriced coffee. I wonder: how many of them know that central banks are quietly debasing their money, stealing their time?
The cost of living keeps climbing, and I overhear a guy grumbling about grocery prices. He doesn’t know we’re still paying the price from the 2020-2021 money-printing spree.
Cantillon nailed it, those closest to the printer got rich: stocks soared, real estate hit record highs. Meanwhile, life for the rest of us got 50-100% pricier in just five years. But sure, let’s call inflation “transitory” and Bitcoin a scam.
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