From “The Haiku Economist” #2 of 2 on page 21

Regression theorem:
Fiat money has value
only from the past.

“The Haiku Economist” by Jim Cox

If you want Jim’s accompanying explanation let me know and I will provide it for you.

To contact me: divineeconomyconsulting@gmail.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s