Hedge Fund CIO: “At Some Point, Through Inflation, War Or Confiscation, The System Will Restart”
TYLER DURDEN, 04 April 2021
Dusted off an anecdote from 2016 that explores the meaning of money. It is worth considering after a quarter in which the US dollar declined by more than 50% versus the dominant digital assets and the S&P 500 closed at an all-time high.
“People work in order to convert their time into a unit of account,” he said.
“We call that money, and it’s an invention that allows us to store time.” Continue reading “Article: Hedge Fund CIO: “At Some Point, Through Inflation, War Or Confiscation, The System Will Restart””
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