Sublime

The central relationship that money crystallizes is between lender and borrower.

Se não podemos confiar que as forças de mercado da oferta e da demanda fixarão ótimos preços de mercado, e não podemos contar que mecanismos do livre mercado ajudem a maximizar nossa utilidade, talvez tenhamos que buscar outra solução.

If we had to pick a moment in time in which we entered the final stages of degenerate fiat “capitalism,” we would likely pick March 2020, when it seemed very much as if the everything bubble had popped.

“Money has been the oil that has kept the wheels of society turning and allowed the complexity of our present civilization to develop, but credit, the centralized creation of money, interest, and particularly compound interest, have seriously destabilized the relationship between money and the goods and services, or wealth, it originally represente

money is the operating system of our society.