Thursday, April 09, 2020
Federal Reserve Fiat Money And Tissue Shortage.
The Fed announced this morning trillions of new money being printed to support the economy.We really don't have an "economy" we have a game of fiat money distorting reality. Economies live on skills and work. Fiat money nurtures fianciers. Rather nurture an economy . Rather give rodenticide to Wall Streeters. The fed printing presses have increased output to the point of exacerbating shortages in paper products which includes tissue paper.Finally filthy lucre works in a bartered society and a financial society. Truly fungible.This proves that paper is a better store of value than fiat money.