News for hackers. Stuff that matters.
Re:Fiat is Effective: fiat for the crypto crowd [pdf] by mcguire on Monday October 16, 2017 @05:00PM (#15486612)
Nobody donated money (well, ok, maybe....), people bought treasury bonds of varying flavors, and intentionally devaluing your currency by "printing money" to pay for war expenses is essentially always the last thing you do before your government goes down in flames, one way or another---either you just lost the military war, or you destroyed your economy.

There are no comments on this comment yet.