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The Moral Bankruptcy of Our Monetary System Our central banking system is beyond salvage or reform: it is morally and structurally bankrupt. It survives through deception: the false promise that endless debt fosters prosperity, that inflation is the cost of progress, and that monetary manipulation serves the common good. Yet each of these is a deception, a carefully woven narrative designed to obscure the system’s true function.
— Neal Flesher, Modern Chains (Chapter 8)
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