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RE: How fiat money is creating cycles. People are overspending like hell and then go bust.

The system in of itself is set up to keep people chasing debt forever. Even if you swap fiat for Bitcoin or gold, human nature will probably find a way to recreate the same cycles, I'm wondering if we get to a utopian future where there's abundance, and we eliminate the concept of money, they'll probably still find a way to make the next thing a similar cycle