PDF/BOOK The Money Confusion: How Illiteracy About Currencies and Inflation Sets the Stage for the Crypto Revolution
COPY LINK: https://pdf.bookcenterapp.com/yumpu/1958682268 All great commercial advances begin with surges of investment that the simple in thought naïvely deride as "bubbles", followed by "bust". In 2022, after frenzied investing in the years prior, the "bust" finally came for cryptocurrencies.Such is the basis for John Tamny's confident assertion in The Money Confusion that the future of money is at our doorstep. The crypto collapse of 2022 was paradoxically the signal that it will replace traditional forms of money sooner than most think.Money, Tamny argues, is a natural market phenomenon and one that asserts itself even in a world of government-issued paper. While economists and pundits hide behind charts, equations and supercilious commentary about the so-called "money supply," Tamny provides familiar examples from the real-world to expose this mysticism as modern-day phrenology.He makes plain throughout a book that rejects nearly all conventional wisdom about money that a focus on "money supply" is the surest sign of a thought process hopelessly off course. In truth, trusted money in circulation is a natural consequence of commerce, not the instigator as economists imagine.That a free market for money has formed in a world of government currencies is what sets the stage for private money as the eventual replacement for g
COPY LINK: https://pdf.bookcenterapp.com/yumpu/1958682268
All great commercial advances begin with surges of investment that the simple in thought naïvely deride as "bubbles", followed by "bust". In 2022, after frenzied investing in the years prior, the "bust" finally came for cryptocurrencies.Such is the basis for John Tamny's confident assertion in The Money Confusion that the future of money is at our doorstep. The crypto collapse of 2022 was paradoxically the signal that it will replace traditional forms of money sooner than most think.Money, Tamny argues, is a natural market phenomenon and one that asserts itself even in a world of government-issued paper. While economists and pundits hide behind charts, equations and supercilious commentary about the so-called "money supply," Tamny provides familiar examples from the real-world to expose this mysticism as modern-day phrenology.He makes plain throughout a book that rejects nearly all conventional wisdom about money that a focus on "money supply" is the surest sign of a thought process hopelessly off course. In truth, trusted money in circulation is a natural consequence of commerce, not the instigator as economists imagine.That a free market for money has formed in a world of government currencies is what sets the stage for private money as the eventual replacement for g
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The Money Confusion: How Illiteracy
About Currencies and Inflation Sets the
Stage for the Crypto Revolution
.
The Money Confusion: How Illiteracy About
Currencies and Inflation Sets the Stage for
the Crypto Revolution
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The Money Confusion: How Illiteracy About
Currencies and Inflation Sets the Stage for
the Crypto Revolution
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COPY LINK: https://pdf.bookcenterapp.com/yumpu/1958682268 All great commercial advances
begin with surges of investment that the simple in thought naïvel deride as
"bubles" followed by "bus"In 2022, after frenzied investing in the years prior,
the "bus"finally came for cryptocurrencies.Such is the basis for John Tamny's confident
assertion in TheMoney Confusion tha the future of money is at our doorstep. The
crypto collapse of 2022 was paradoxically the signal that it will replace traditional forms of money
sooner than most think.Money, Tamny argues, is a natural market phenomenon and one that
asserts itself even in a world of government-issued paper. While economists and pundits hide
behind charts, equations and supercilious commentary about the so-called "mony
supply,"Tamny provides familiar examples from the real-world to expose this mysticism as
modern-day phrenology.He makes plain throughout a book that rejects nearly all conventional
wisdom about money that a focus on "mony supply"is the surest sign of a thought
process hopelessly off course. In truth, trusted money in circulation is a natural consequence of
commerce, not the instigator as economists imagine.That a free market for money has formed in a
world of government currencies is what sets the stage for private money as the eventual
replacement for government mediums of exchange. Precisely because money facilitates global
cooperation on the way to staggering advances in productivity, it's essential that money be trusted
as a measure in the same way that the mile, degree and tablespoon are trusted today.Although
academia and policymakers misunderstand money and inflation to a frightening degree, the
thinkers, innovators, and risk-takers have forged a better way. The future is here for money and
that future, Tamny explains, is blindingly bright.
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