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inflation

Cross-checking ShadowStats

Last week I wrote about Balaji Srinivasan's idea of creating a decentralized version of the Billion Prices Project. The post got me thinking aga…

A decentralized version of MIT's Billion Prices Project

Balaji Srinivasan, an angel investor, wants to kick start an updated version of MIT's Billion Prices Project . He will invest $100,000 in the pr…

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

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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