Economics

[E]conomic power is exercised by means of a positive, by offering men a reward, an incentive, a payment, a value; political power is exercised by means of a negative, by the threat of punishment, injury, imprisonment, destruction. The businessman’s tool is values; the bureaucrat’s tool is fear. – AYN RAND

Stablecoins Are Money

Payment stablecoins – a new way for governments to print money – are manifestly and intrinsically inflationary.

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