Real Wealth vs Claims on Wealth: Bitcoin 2020s vs USDollar 1800s
17th March 2024
The following excerpts are from Tragedy and Hope. They detail the monetary environment from 1914 to the 1930s. When looked at independently the context helps explain the confusion we find across today’s monetary landscape.
These passages help us better understand money and the lack of order that takes hold when international players desire a change to the system. The greatest challenge then and now was the battle between real wealth and claims on wealth.