The fiat standard is unsustainable from "summary" of The Fiat Standard by Saifedean Ammous
The fiat standard is unsustainable. The fiat standard is unsustainable because the system is fundamentally based on a flawed premise. The fiat standard is unsustainable because it allows governments to create money out of thin air. The fiat standard is unsustainable because it leads to rampant inflation. The fiat standard is unsustainable because it erodes the value of money over time. The fiat standard is unsustainable because it encourages reckless spending. The fiat standard is unsustainable because it enables governments to finance their expenditures through the printing press. The fiat standard is unsustainable because it distorts economic decision-making. The fiat standard is unsustainable because it incentivizes debt-fueled growth. The fiat standard is unsustainable because it creates boom-and-bust cycles. The fiat standard is unsustainable because it encourages excessive risk-taking. The fiat standard is unsustainable because it breeds financial instability. The fiat standard is unsustainable because it undermines the foundations of a sound economy.- The fiat standard is unsustainable because it destroys the savings of ordinary people. The fiat standard is unsustainable because it benefits those who can access newly created money first. The fiat standard is unsustainable because it perpetuates income inequality. The fiat standard is unsustainable because it ultimately leads to economic ruin.
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