If, because of a shortage of money, because of a dependency upon (hard) money, there exists an extreme limit on monetary and economic velocity, I lend you money at 300% interest, secured against your freedom, what is the outcome for you, family, state?
“Baiting into hazard”
Source date (UTC): 2022-03-12 14:30:35 UTC
Original post: https://twitter.com/i/web/status/1502653281952309253
Reply addressees: @KelvinKevinsky
Replying to: https://twitter.com/i/web/status/1502648796068687880
IN REPLY TO:
Unknown author
@KelvinKevinsky If, because of a shortage of money, because of a dependency upon (hard) commodity money, I lend you money at 300% interest, secured against your property, what is the outcome for each of: you, your family, the community, the tax base, and the manor (state)?
“Baiting into hazard”
Original post: https://x.com/i/web/status/1502648796068687880
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