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 fi...
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