2 Comments
Mar 31Liked by Meyrick Chapman

Meyrick, this is extremely well argued, thank you. I got a real chuckle at the end regarding the chances of monetary or fiscal authorities doing something useful.

I wholeheartedly agree that the absence of an alternative currency as well as the complete inadequacy of a gold standard in the current economic environments are critical to understand that things are simply going to degrade slowly over time.

Expand full comment