/biz/ - Business & Finance

>>20824175
Wtf I know this guy. He's a huge cunt I knew him in cali before he moved to work for polkadot. I would never trust this snake oil salesman

>>20353114
forgot to mention dalio gives it away on his site but you need to put in your email. libgen link to circumvent that: http://libgen.li/item/index.php?md5=BCBC270A31D38236C87FC78F575935A7
thanks for the recommendation will check it out

>In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.
>This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.

"In the absence of a gold standard, there is no way to protect savings from confiscation through inflation - there is no safe store of value." - Alan Greenspan (1966)

And this is why you have all the "income inequality" that we have.

How much liquidity is there in crypto exchanges really?

Hero or Villain?