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How to create money - by Rohit - Strange Loop Canon

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“Any fool can know. The point is to understand.” ― Albert Einstein

How to create money Rohit Krishnan Jul 13, 2022 14 Share Paper money eventually returns to its intrinsic value: zero. Voltaire Most economies in the world are built on the model of taxation. They build something of interest and charge you to use it. The price they charge you is usually a market determined rate somewhat in excess of the costs they incurred to build it, and to maintain it. If you’re very successful, you dominate a niche, you provide an invaluable and irreplaceable service, this payment becomes as a tax. We even say highly successful companies like Stripe is like a toll on your i

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