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fiat money
Is money a ponzi?

Is money a ponzi?

Matt Levine entertains the possibility that all money is a ponzi: "But of course crypto people will happily tell you that fiat currency is the…
The dollar isn't a meme

The dollar isn't a meme

"Currencies are not memes that only have value because governments say they do," writes Brendan Greeley for the Financial Times.  I agree …
Is fiat money to blame for the Iraq war, police brutality, and the war on drugs?

Is fiat money to blame for the Iraq war, police brutality, and the war on drugs?

I often encounter memes claiming that fiat money is to blame for all sorts of government evils. Here is one example from Kraken bitcoin strategist sp…
The life and death of an internet monetary meme

The life and death of an internet monetary meme

Over the last few years I've increasingly crossed paths with the following claim on the internet: "The average life expectancy for a fiat cu…
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