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2025-04-09 22:33:46 UTC

Rich Lassiter on Nostr: “Domestic issues always take precedent over international ones, which means a ...

“Domestic issues always take precedent over international ones, which means a system that is controlled by one nation and is the backbone of all other currencies might work for a time—until the country’s domestic issues force it to unilaterally deliver economic benefit to the nation in control of the currency while hurting all others. Once trust is broken in that exchange, game theory predicts actions by other countries will encourage growth of their own currencies—and all hell breaks loose because international cooperation is lost.”
predicted today in his 2019 book ‘The Price of Tomorrow’