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ramasart
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Why Fiat Money Manipulation Can Never Produce Prosperity - Nathan Lewis - New World Economics

While I don't disagree with your premise on a Macro level, on a micro level it is errant. Banksters have been proving for well over 100 years that fiat currency can enrich those that control it, which was exactly the point for its creation to begin with. The enrichment is not immediate, but steady and precise, to the point that what is left are the masses who have been steadily robbed without most of them understanding how it has happened. Now, in fact when the banksters are near the end of their Keynsian ropes, they will demand that they be rescued by the various governments that have supported them, again at the cost of the masses. This is the epitome of "the rich get richer" and history has shown it almost always ends violently.

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Beginning of the headline :The study of economics is: the study of how people make a living. We make a living today with a fantastically complex network of specialization and trade – a network so complicated that nobody actually understands what is going on. This network is not organized by any sort of rational planning. Rather, it is organized by markets, prices, profit and loss – expressed in terms of money. As described in eloquent detail by George Gilder in The Scandal of Money (2016), this system of money and prices... Read More

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