3 ms·
Finding the Money – There's another side to the national debt
- chiefalchemist 2y agoI recently read "Broken Money" by Lyn Alden and recommend it. The chapters on what is money, the history of money, and so on, were very educational. One of my key takeaways was: The economic system and the sociopolitical system sits on a foundation of the financial system (i.e., central banks / The Fed). Talking about "the economy" without talking about the foundation it sits on is foolish exercise. https://www.lynalden.com/broken-money/ https://www.lynalden.com/broken-money/
- zhengiszen 2y agoThanks for the book looks interesting. We're at a junction maybe all the crisis we witness today are a result of usury and fiat money. One thing for sure is that without all those mountains of money it would be harder to finance wars.