In the book How an Economy Grows and Why it Crashes the author, Peter Schiff, makes an argument that “fiat” money is the primary reason the island’s economic system crashed.

September 8, 2023September 8, 2023 Discipline: Business and Management

In the book How an Economy Grows and Why it Crashes the author, Peter Schiff, makes an argument that “fiat” money is the primary reason the island’s economic system crashed.

After reviewing the “Reality Checks” and the “Takeaways” from each chapter, develop his argument with a minimum of 5 points and then compare these with the current economy of the US. Include biblical connections or implications where appropriate.

Include 1–2 paragraphs at the end expressing your opinion of your thoughts. What makes you think the way you do? What experiences have led you to develop these connections and opinions? Do you feel like you should expand or constrict your view? Why? How do this concept and the arguments presented align or conflict with your biblical worldview? What Scripture can you use to support your view?

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