Federal Reserve officials concerned inflation could last longer "than they currently assumed" hill.cm/g3FX9pq
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Beginning with an increase in paper notes, continuing with the cancellation of the right to exchange them for the more precious coin, and culminating in the debasement of the coin itself, the State finally achieved “sovereign currency:” a handsome napkin. edwardsnowden.substack.com/p…

5:32 PM · Oct 14, 2021

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Replying to @Snowden
The fiscal system I pronounced with Spades To Diamonds as a quality filter/@FinCEN_nUSA along with various judiciary indeterminate layers by Gracewinds is what will correct and rebalance the NEXTSTEPOFWHATEVER
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Replying to @Snowden
Edward, have you read "The Deficit Myth" by Stephanie Kelton?
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A better start is "Debt, the last 5000 years" by the late David Graeber. It doesn't set out to dispel gold bug/inflation scold myths at all, but it really gets you questioning what you thought you knew about money.
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Replying to @Snowden
Rights cancellation in Italy is the new daily reality. From tomorrow we’ll need a QR-Code to work. And the day after tomorrow with that Q what they will ask us…?
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Replying to @Snowden
You didn't get the real irony. After decades of hegemony as an international store of value, the dollar became the "funny money" that Americans printed and used in Germany right after the end of World War II.
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Replying to @Snowden
What's your experience or expertise in macroeconomics, or are you just bored and expressing the opinion of a random American ex-pat --which is ok but not particularly...persuasive?
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he's not wrong. Mighty judgmental with nothing to counter
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Replying to @Snowden
The USB is toast.
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Replying to @Snowden
So kind of high inflation means the US Dollar is finished? Crypto stans REALLY want their flavor of economic bullshit instead of the kind we have now, instead of a moneyless society. Reading all the wrong scifi.
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I mean, the dollar IS finished, just not yet. There will be the bust to end all busts into hyperinflation into CBDC
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