Well, I guess this quote from “The Creature from Jeklly Island” kind of summarizes all fiat fudgery, doesn’t it?

“A method had to be devised to enable them to continue to make more promises to pay-on-demand than they could keep.” https://image.nostr.build/8c88f1890836f4c45fa989c35dd091478d7a4985b65515893a3ad084ee5e4c6e.jpg