2. The uncomfortable truth is that every fiat currency in the history of the world has failed – either through catastrophic hyperinflation or slow-motion devaluation over time relative to real, scar...
3. Elites can escape these intentional devaluations through their privileged access to sophisticated financial investments and private property rights, but most people are forced to hold savings in deteriorating currencies - producing systematic injustices and unsustainable wealth concentrations. 3/10
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