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10 sats \ 0 replies \ @Msd0457890 13 Jun \ parent \ on: Price Inflation Moves Up Slightly, and Wages Still Aren't Keeping Up econ
Of course, when the gold standard was broken, what gave meaning to money was broken, what gave it value, its backing. When the gold standard was broken, it was the beginning of fiduciary madness, which meant that money was backed by nothing.