The US is blessed with limitless natural resources, giant oceans protecting them on the left and right, and friendly neighbors to the north and south. They’ve got a military that any other country would trade for theirs, a political class constrained by an ingenious system of checks and balances, and a built-in, self-correcting mechanism of free elections.
Almost 250 years later, it’s easy to forget how uniquely successful the American experiment has been.
Unsound money just isn’t American, and hyperinflation is something only “other people” sometimes have.
The world has experienced an astonishing 56 hyperinflations in the last ~100 years.
This means that every other year, in some country, somewhere “over there”, every other year, an innocent population lost their life savings, and certainly their dignity, simply because they stored it in the wrong vessel.
What will protect your US money from this? What will continue to keep you different?
- an excerpt from the Stone Ridge 2020 Shareholder Letter, its 2-minute version can be found here https://www.2minutebitcoin.org/blog/stone-ridge-2020-shareholder-letter
2minutebitcoin
npub1p6…9ej3v
2023-05-05 09:01:06
Author Public Key
npub1p63d4vekvuql9zltpp4dezzfk2xxfgjsfqyglf4ju4syalekn4csn9ej3vPublished at
2023-05-05 09:01:06Event JSON
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"content": "The US is blessed with limitless natural resources, giant oceans protecting them on the left and right, and friendly neighbors to the north and south. They’ve got a military that any other country would trade for theirs, a political class constrained by an ingenious system of checks and balances, and a built-in, self-correcting mechanism of free elections. \n\nAlmost 250 years later, it’s easy to forget how uniquely successful the American experiment has been.\n\nUnsound money just isn’t American, and hyperinflation is something only “other people” sometimes have.\n\nThe world has experienced an astonishing 56 hyperinflations in the last ~100 years.\n\nThis means that every other year, in some country, somewhere “over there”, every other year, an innocent population lost their life savings, and certainly their dignity, simply because they stored it in the wrong vessel.\n\nWhat will protect your US money from this? What will continue to keep you different?\n\n- an excerpt from the Stone Ridge 2020 Shareholder Letter, its 2-minute version can be found here https://www.2minutebitcoin.org/blog/stone-ridge-2020-shareholder-letter",
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}