True- but it’s fiat in the literal sense. Real stone/brick was used much more often to build houses when money was good and scarce. Now they have to fake value in art and architecture by leveraging debt to flip garbage and make more debt coupons
True- but it’s fiat in the literal sense. Real stone/brick was used much more often to build houses when money was good and scarce. Now they have to fake value in art and architecture by leveraging debt to flip garbage and make more debt coupons