“Fiat Money is not backed by 'any one thing.' It is far better than that. It is backed by ‘everything”, the entire gigantic apparatus of macrofinanc & not just by 'everything' but by ‘everybody’, ‘everybody who is anybody’.”
Chartbook #74 crypto edition
adamtooze.substack.com/p/chartbook-74… https://t.co/QyQkoV2Dtl
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v.
January 29, 2023
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v. Russian attack. See Chartbook Newsletter