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The eradication of the Fed and fiat money. As others have expressed, I also think the interest rate mechanism is clumsy and that bailouts do more harm in the lo
by derangedHorse 9mo ago
The eradication of the Fed and fiat money. As others have expressed, I also think the interest rate mechanism is clumsy and that bailouts do more harm in the long term than good (see one of the most recent examples [1]).
[1] https://www.wsj.com/finance/banking/the-fed-launched-a-bank-rescue-program-last-year-now-banks-are-gaming-it-43e9cee3 https://www.wsj.com/finance/banking/the-fed-launched-a-bank-...
- beej71 9mo agoWhat are some of the problems with eradication of fiat currency?
- paulryanrogers 9mo agoGold is heavy and difficult to verify it's purity and authenticity