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Olduvai III: Catacylsm
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Legal Tender Money v Fiat

Legal Tender Money v Fiat QUESTION:  I wonder if you would care in a future blogpost to cast some light on the following? The sole ‘legal tender money’ in the final analysis is the FRN (Federal Reserve Note — coins aside) collateralized by the Fed’s assets.All other ‘money’ is private bank credit money or suchlike,including […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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