Fiat Currency

  I love fiat currency. It gives the state infinite flexibility. A gold standard makes it impossible to execute policy. However with fiat currency, the sky is the limit. The government and its people can practice fiscal policy without restraint. Instead of 35 miles per hour on the back of a scooter. With a printing press, we can now go 1400 miles per hour at basically mach 2 speed.

  The technologies we can expand, the amount of goods we can produce. It is all financed by printing money. Military spending, consumer spending. With PBOC at the helm, anything is possible.