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RE: Today Is the 45th Anniversary of The Most Destructive Event In Modern Monetary History

in #money8 years ago

Hi everyone, great explanatory post also. If you read Faust Part II, Goethe himself satirizes the introduction of paper money and makes a fictional story where the king introduces it after doing a deal with Mephisto to get debt. This is written way back in 1832 by Goethe. Remember Goethe is thought to be one of the smartest philosophers and writers in the last few hundred years. Most people can't even read Faust Part II, but this point resonates into the future.