The harder the money the more of growth is extracted by savers, the less by innovators, entrepreneurs, and workders. IOW, hard money produces private sector rent seeking.
Source date (UTC): 2020-12-26 20:23:40 UTC
Original post: https://twitter.com/i/web/status/1342929093306757127
Reply addressees: @bryanbrey @saifedean @R_Tyler_Smith
Replying to: https://twitter.com/i/web/status/1342928082651414528
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