Subject: Re: The Debasement Trade

“Debasement” is an ugly word. The definition is “the action or process of reducing the quality or value of something.”

Long ago, I figured out everyone that bubblevision presented was working their own agenda. Is the "debasement trade" narrative real, or a sales pitch for gold, or crypto, or tulip bulbs? Government issued currency is backed by the issuing government's ability to tax the country's residents, to make that currency good. Is that true of any of the alternatives offered?

Steve...contrary old phart