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Olduvai III: Catacylsm
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Waypoints on the road to currency destruction — and how to avoid it

Waypoints on the road to currency destruction — and how to avoid it The few economists who recognise classical human subjectivity see the dangers of a looming currency collapse. It can easily be avoided by halting currency expansion and cutting government spending so that their budgets balance. No democratic government nor any of its agencies […]

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Hyperinflation is here

Hyperinflation is here Definition: Hyperinflation is the condition whereby monetary authorities accelerate the expansion of the quantity of money to the point where it proves impossible for them to regain control. It ends when the state’s fiat currency is finally worthless. It is an evolving crisis, not just a climactic event. Summary This article defines […]

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America’s long-term challenge #3: destruction of the currency

America’s long-term challenge #3: destruction of the currency On April 2, 1792, George Washington signed into law what’s commonly referred to as the Mint and Coinage Act. It was one of the first major pieces of legislation in the young country’s history… and it was an important one, because it formally created the United States […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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