Microeconomics And Fiat: The Bear Situation For The U.S. Dollar
Dollar” Microeconomics

Microeconomics And Fiat: The Bear Situation For The U.S. Dollar

Written September 15, 2021The goal of this article is to unite and create a coherent argument around the basic microeconomic idea of price equals marginal cost (P=MC), of fiat money as a product, and how bitcoin relates to these two. I must warn all readers that this is just a frame of thought, or, as…