Insight on fiat money's impact on investment decisions
Xaji Xpert
Fiat money's exponential supply growth destroys price signals needed for capital allocation: because the excess supply lacks real savings backing, hurdle rates collapse and progressively worse projects get funded. Money should reflect real scarcity (time, resources, capital) but fiat's artificial abundance forces increasingly poor investments to appear viable. This system requires everyone to beli

https://relay.towardsliberty.com/7c9e8196c44aae4cc7f5014c22f9fa368c3f3d5e558467d1be0dc2282ec57bf7.mp4