3 ms·
This is one of the best comments on HN ever. Another problem of the current (non-commodity based) system is that monetary base doesn't map to the resources of t
by luciusdomitius 4y ago
This is one of the best comments on HN ever. Another problem of the current (non-commodity based) system is that monetary base doesn't map to the resources of the planet which have not increased almost 5-fold as did M2[0].
0. https://fred.stlouisfed.org/series/WM2NS https://fred.stlouisfed.org/series/WM2NS