THELOGICALINDIAN - Bitcoinonly administrator Richard James documentary on the contempo history of aggrandizement Hard Money uses banal images and bearding narrators to braid the blur One of them qualifies the tweaking of the money accumulation as the greatest con in animal history Another one compares the Fed to the Wizard of Oz The choir are accustomed You feel like you heard some of these clips afore When the credits cycle you apprehend the narrators were the creme of the chrism of the Bitcoin thinkers
The “Hard Money” documentary could be advised a abridged adaptation of the aboriginal few capacity from Saifedean Ammous’ “The Bitcoin Standard.” The aboriginal book we’re account in the Bitcoinist Book Club. In the documentary, you can absolutely see Keynes adulatory the gold standard’s declared collapse and adage that the accessible “must not acquiesce anyone to put them aback in the gold cage.” In contrast, you can apprehend Ludvig Von Mises’ quote: “The gold accepted did not collapse. Governments abolished it in adjustment to pave the way for inflation.”
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Watch the “Hard Money documentary and you’ll be able to acknowledgment these questions: Why was gold called as the arch anatomy of adamantine currency? What were gold’s “severe flaws”? What is aggrandizement and how does the government adumbrate it? How breaking the accord amid the Dollar and gold bankrupt the accord amid the bazaar and reality. What is low and aerial time preference? What does apportioned assets cyberbanking create? Why are the institutions that affair debt finer press new money?
Seven Things We Learned From The “Hard Money” Mini Documentary
Conclusion And Credits
Basically, money press is a hidden tax and it has paid for wars and incompetency. However, apprehend Ron Paul’s prediction, “The Fed’s activity to self-destruct eventually, anyway.” As the credits roll, we apprehend that the ahead bearding narrator choir accord to the brand of Dan Sanchez, Robert Breedlove, Saifedean Ammous, Preston Pysh, Jimmy Song, Ben Prentice, Guy Swan, and several others.
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However, who said “The 20th Century was the Centutry of politicians and governments demography advantage of the columnist press?” There’s no way of alive that. And maybe that’s for the best.
