Most countries in the world operate on a Fiat financial system. With this system wealth can be extracted from its citizens through tax and from money printing. Where money printing is logically the preferred route as it is the most discrete form of theft and most people don’t understand it.
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Cash Poor, Asset Rich
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Most countries in the world operate on a Fiat financial system. With this system wealth can be extracted from its citizens through tax and from money printing. Where money printing is logically the preferred route as it is the most discrete form of theft and most people don’t understand it.