287. The Fiat Standard Lecture 6: What Is Fiat Good For? cover art

287. The Fiat Standard Lecture 6: What Is Fiat Good For?

287. The Fiat Standard Lecture 6: What Is Fiat Good For?

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Fiat's superior salability across space enabled global adoption, financed governments, & entrenched fractional-reserve banks, at the cost of losing value across time.

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