Oddbean new post about login | logout Will you bitcoiners stop calling the dollar fiat? Call it what it really is; central-bank ass-raping paper.
😂🤣
People say that the dollar is money printed out of thin air, but it is worse than that. It is created with debt and the debt has to be paid back with interest. There isn't enough money to pay back the debt with interest, so the money(wealth) is just slowly transferred from the people to the banks (Fed). It is a method of theft and the more they print, the more value and the quicker they steal from us.