"Go on Kruggy, clown it up." "I can do that?" "Sure, go on." "Governments have occasionally abused the privilege of creating fiat money ..."https://www.nytimes.com/2018/07/31/opinion/transaction-costs-and-tethers-why-im-a-crypto-skeptic.html …
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I thought this fact was generally well-known and understood, at least among people who think about currencies.
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It only holds for fiat.
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It's wonderful to see Liberals embrace guns when it suits their purposes
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Still, it's nice to see that rare column that doesn't wallow in the insipid mire of partisan US politics.
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the ultimate endorsement, finally.
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remember, this is the guy that said that the internet would be "no more revolutionary than the fax"
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