Mises Wire
Author:
N. Joseph Potts
Online Publish Date:
August 2 saw Matthew Beller’s Daily Article “The Coming Second Life Business Cycle,” which sounded at first blush like yet another announcement of the coming Rapture. But it described the fiat money (Linden Dollars) of the fiat world of the Internet, known as Second Life. And sure enough, just like the First Life (this one?), the creation of money