mister monster on Nostr: Caleb James DeLisle dude after my research on the topic, thinking on it, and reading ...

Caleb James DeLisle (npub1mh5…233h) dude after my research on the topic, thinking on it, and reading a book about it, I'm convinced, low interest rates and the resulting monetary debasement are the root cause all of our western societies' problems. I've never seen a silver bullet like it, things never can be chocked up to one clear cause, but I am convinced of this. Cheap money has blowback in the culture, cheap money creates cheap people. The drug problems, the paper houses, the fraudulent business culture, the degrading quality of every good and service, the wealth disparity, all downstream of continuous monetary debasement.