The Inevitable Decline of Developed Nations’ Fiat Money \ stacker news ~econ

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By Daniel Lacalle

We are living through a historical monetary change. The first nation to adopt sound money and fiscal policies will win. The rest will lose.

What word is conspicuously absent from this article?

ctrl+f bitcoin

no results

dude!

We're just going to have modern economies based around lugging big heavy rocks all over the world.

We did it for thousands of years so why not

We had modern economies for thousands of years?

It will surely stimulate the maritime industry

bringing back treasure galleons and pirates would be a win, in my book

Aren't there more pirates now than there used to be? I feel like that's something I heard somewhere.

Probably in total but probably not as a share of the population? Let's get pirates per capita back up to the glory days. Make piracy great again

I imagine you've heard of that Somali pirate stock exchange