The Basic Implications of Fiat Currency

I usually don’t recommend videos, as the ratio amount of information imparted versus the time it takes to watch is much lower than reading, but this interview (only nine minutes) with economist James Galbraith is informative and refreshingly acerbic.

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1 Response to The Basic Implications of Fiat Currency

  1. Showing a debt-over-time graph that doesn’t account for inflation is basically lying. I’m glad the rest of the interview didn’t proceed along those lines.

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