Negative Space: currency
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- Destroying the currency to save it
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“It’s like declaring that corpses aren’t really dead, so therefore the insurance companies don’t have to pay out on any life insurance policies.”
- A Guide to Sound Money
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“Sound money is honest money in that it accurately conveys price signals and reliably serves as a store of value. Sound money is trustworthy and reliable in that it functions as a meaningful unit of account so that market participants—consumers and producers, investors and entrepreneurs—can make informed decisions and rational plans.”
