I finished reading "Fraud Coin - 1000 Years with Inflation as a Policy" by enur72 (npub1sv4…srw4). Great for people who wish to get a solid 30,000 ft overview of what is happening in the financial world and how this affects all of us. Most people would probably prefer to read about more joyful topics. If you read this book and take decisive action, you will likely be able to read whatever you want whenever you want (just ignore the fact that I am already in that position and still choose to read Rune's excellent book).
You will find a lot of straight truths like:
"The voters' belief of whether the government has contributed to growth or precipitated a recession is a decisive factor for a sitting government's reelection.
All incumbent governments also know that raising interest rates when necessary is likely to burst the bubbles, predictably leading to a lost election and inevitable change of government.
Therefore, everyone in government is incentivized to
convince the central bank to pursue an expansionary monetary policy with low interest rates that can create the illusion of growth, encouraging people to increase their borrowing, thus heightening the demand for more goods and services."
https://undoqo.com/pages/fraudcoin
MariusFebruary / Marius
npub18km…xwnr
2024-03-24 17:33:23
Author Public Key
npub18kmu5s4gaq7qf02je6pk4xqckm5s2t5782596gkzk0r3tufpl9hs3gxwnrPublished at
2024-03-24 17:33:23Event JSON
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"content": "I finished reading \"Fraud Coin - 1000 Years with Inflation as a Policy\" by nostr:npub1sv4zk080fvt4f3982u5kffzdkex3nm0kylky29um2xws5h4wsxvswtsrw4. Great for people who wish to get a solid 30,000 ft overview of what is happening in the financial world and how this affects all of us. Most people would probably prefer to read about more joyful topics. If you read this book and take decisive action, you will likely be able to read whatever you want whenever you want (just ignore the fact that I am already in that position and still choose to read Rune's excellent book).\n\nYou will find a lot of straight truths like:\n\n\"The voters' belief of whether the government has contributed to growth or precipitated a recession is a decisive factor for a sitting government's reelection.\nAll incumbent governments also know that raising interest rates when necessary is likely to burst the bubbles, predictably leading to a lost election and inevitable change of government.\nTherefore, everyone in government is incentivized to\nconvince the central bank to pursue an expansionary monetary policy with low interest rates that can create the illusion of growth, encouraging people to increase their borrowing, thus heightening the demand for more goods and services.\"\n\nhttps://undoqo.com/pages/fraudcoin",
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