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October 2021

How Fiat Money Corrupted Savings & Made Us All Market Speculators

Before the world switched to a fiat monetary system, people who wanted to build wealth kept their savings in a bank. Interest rates tended to equal the average rate of profit, which was enough for all but a small minority of professional investors and entrepreneurs. This all changed with the

By David Veksler, 7 months ago October 14, 2021
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