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History shows that a sound monetary standard is a necessary prerequisite for human flourishing.
The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.
You can’t stop things like Bitcoin. It will be everywhere and the world will have to readjust.
The abundance of money makes everything more expensive… The great difficulty consists in knowing in what way and in what proportion.
I don’t think we shall ever have good money again before we take the thing out of the hands of the government.
The signal is monetary expansion everywhere. The problem is people are going to lose half their wealth in a few years. The solution is Bitcoin. The rest is noise.
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