Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves.
- Norm Franz
What are central bank notes? The money of fools?
You used to earn an interest rate roughly inline with nominal GDP growth, even slightly better. Since the Fed started manipulating interest...
1 comment:
WCV:
I call them "I owe you nothings".
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