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The World Has Gone Mad, & the System is Broken. Ray Dalio drops a bomb recently with his post showing the sorry state of our money, the cracks in our world monetary system, and the coming paradigm shift. A short piece that requires much ranting, don't miss it.
Link to the original post and Ray Dalio's twitter page:
https://www.linkedin.com/pulse/world-has-gone-mad-system-broken-ray-dalio/
https://twitter.com/RayDalio
Other great works mentioned in this show:
The Case for Electronic Cash
https://anchor.fm/thecryptoconomy/episodes/The-Case-for-Electronic-Cash-Jerry-Brito-e3rhj6
Use of Knowledge in Society - Parts 1 & 2
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0
How is Fiat Money Possible - Parts 1-3
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_234---How-is-Fiat-Money-Possible-Part-1---Hans-Hermann-Hoppe-e3odu1
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_235---How-Is-Fiat-Money-Possible-Part-2---Hans-Hermann-Hoppe-e3oon2
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_236---How-Is-Fiat-Money-Possible-Part-3---Hans-Hermann-Hoppe-e3p2k1
And if you want to start down a rabbit hole...
WTFHappenedin1971.com
"The difference between the Linden Dollar, World of Warcraft Gold, Fortnite V-Bucks, the Euro, and the U.S. dollar is in scale, not in nature....
"Money is an intersubjective problem, and a choice to opt into one monetary medium is an explicit opt out of the other, which in...
The brilliance of the price system is in coordinating the values, deeply limited knowledge and scarce resources precisely to their highest value need without...
![CryptoQuikRead_322 - The World Has Gone Mad... [Ray Dalio]](https://episodes.castos.com/6626b866f2af87-36468692/images/1741267/c1a-9mg94-v0n3187za9d3-wxgwi0.jpg)